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Fidelity Global Financial Services Fund Series B

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Financial Services Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2015

Click for more information on Fundata’s FundGrade

NAVPS
(05-22-2025) 		$59.90
Change
-$0.04 (-0.07%)

As at April 30, 2025

As at March 31, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jan 1998Jan 2000Jan 2002Jan 2004Jan 2006Jan 2008Jan 2010Jan 2012Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Jan 2000Jan 2005Jan 2010Jan 2015Jan 2020$10,000$30,000$50,000$70,000$90,000$8,000$12,000$14,000$16,000$18,000Period

Legend

Fidelity Global Financial Services Fund Series B

Compare Options

Fund Returns

Inception Return (June 05, 1997): 7.23%

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 -4.00% -4.53% 8.68% 2.71% 24.03% 21.89% 18.18% 10.79% 16.27% 10.34% 8.96% 9.02% 10.78% 9.22%
Benchmark -2.87% -3.03% 7.87% 2.81% 25.19% 22.25% 15.98% 12.26% 15.74% 9.87% 9.22% 9.14% 11.20% 9.35%
Category Average -0.87% -4.68% 4.19% -0.51% 20.65% 17.77% 10.84% 7.90% 15.27% 9.02% 8.30% 8.57% 10.16% 8.67%
Category Rank 65 / 79 51 / 77 18 / 75 13 / 76 21 / 75 20 / 72 9 / 59 15 / 56 16 / 51 18 / 51 20 / 46 18 / 41 20 / 37 18 / 33
Quartile Ranking 4 3 1 1 2 2 1 2 2 2 2 2 3 3

Monthly Return

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%8%10%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 3.16% -0.41% 5.44% 1.35% 0.89% 3.03% 8.21% -2.22% 7.59% 1.15% -1.69% -4.00%
Benchmark 3.17% -0.07% 6.67% 1.09% 2.08% 2.26% 6.63% -1.59% 6.02% 1.62% -1.76% -2.87%

Best Monthly Return Since Inception

15.81% (November 2020)

Worst Monthly Return Since Inception

-20.11% (August 1998)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 21.17% 2.22% 16.14% -8.34% 16.60% 1.96% 21.42% -9.38% 13.63% 32.01%
Benchmark 14.20% 6.34% 15.24% -4.99% 19.43% -5.24% 22.05% -5.68% 13.41% 31.42%
Category Average 6.19% 11.10% 15.65% -8.72% 20.37% 0.17% 28.60% -10.67% 9.26% 27.44%
Quartile Ranking 1 4 2 2 3 2 4 2 1 1
Category Rank 4/ 33 28/ 33 13/ 41 22/ 45 35/ 49 19/ 51 50/ 56 15/ 56 14/ 65 18/ 74

Best Calendar Return (Last 10 years)

32.01% (2024)

Worst Calendar Return (Last 10 years)

-9.38% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 57.27
International Equity 37.19
Canadian Equity 4.81
Cash and Equivalents 0.72
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 95.31
Industrial Services 3.46
Cash and Cash Equivalent 0.73
Technology 0.50

Geographic Allocation

Geographic Allocation
Name Percent
North America 62.73
Europe 18.85
Asia 15.39
Latin America 1.87
Africa and Middle East 1.20
Other -0.04

Top Holdings

Top Holdings
Name Percent
Berkshire Hathaway Inc Cl B -
JPMorgan Chase & Co -
Visa Inc Cl A -
Wells Fargo & Co -
Mastercard Inc Cl A -
Allianz SE -
Arthur J Gallagher & Co -
DBS Group Holdings Ltd -
Morgan Stanley -
Munich RE Cl N -

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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return141516171819202122232425262728293031-10%0%10%20%30%40%

Fidelity Global Financial Services Fund Series B

Median

Other - Financial Services Equity

3 Yr Annualized

Standard Deviation 15.15% 15.59% 15.43%
Beta 1.06% 1.12% 1.08%
Alpha 0.01% -0.01% -0.01%
Rsquared 0.92% 0.92% 0.94%
Sharpe 0.93% 0.89% 0.54%
Sortino 1.66% 1.50% 0.67%
Treynor 0.13% 0.12% 0.08%
Tax Efficiency 99.61% 99.71% 99.43%
Volatility Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10

Risk Rating

Rating 8 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 13.19% 15.15% 15.59% 15.43%
Beta 1.14% 1.06% 1.12% 1.08%
Alpha -0.04% 0.01% -0.01% -0.01%
Rsquared 0.95% 0.92% 0.92% 0.94%
Sharpe 1.42% 0.93% 0.89% 0.54%
Sortino 3.67% 1.66% 1.50% 0.67%
Treynor 0.17% 0.13% 0.12% 0.08%
Tax Efficiency 100.00% 99.61% 99.71% 99.43%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A52.9​52.969.7​69.70%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A38.5​38.562.5​62.50%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A73.6​73.676.4​76.40%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A46.8​46.877.9​77.90%10%20%30%40%50%60%70%80%90%100%

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.

View the full methodology

Fund Details

Start Date June 05, 1997
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $41

Fund Codes

FundServ Code Load Code Sales Status
FID248

Investment Objectives

The Fund aims to achieve long-term capital growth. It invests primarily in equity securities of companies anywhere in the world that provide financial services.

Investment Strategy

To meet the Fund’s objectives, the portfolio management team: Invests in companies that provide financial services, including, banking, payments, brokerage, investment management, investment banking, life insurance, personal loans, property and casualty insurance, and savings and loans services. When buying and selling equity securities, may consider other factors about a company, including: > Financial condition. > Industry position. > Economic and market conditions. > Growth potential.

Portfolio Management

Portfolio Manager

Fidelity Investments Canada ULC
Sub-Advisor

FIL Limited

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 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) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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