Fidelity Global Growth Portfolio

Investment Strategy

The Portfolio aims to achieve high total investment return. The Portfolio is geared towards capital growth. It invests in underlying Fidelity Funds that invest primarily in a mix of Canadian and international equity and fixed-income securities.

Performance

Annual compound performance – as at 30-Apr-2013

  Fund Morningstar
Quartile*§		 Benchmark
1 month 1.62% 1 1.34%
3 month 4.55% 1 4.52%
6 month 10.60% 1 10.82%
1 year 13.54% 1 14.24%
2 year 5.76% 1 6.41%
3 year 7.56% 1 8.75%
5 year 2.53% 2 3.97%
7 year — — —
10 year — — —
YTD 7.69% 1 8.02%
Since Inception 1.12% — 1.95%

Calendar year performance – as at 30-Apr-2013

Growth of $10,000 since inception³ – as at 30-Apr-2013

Fund risk measures – as at 30-Apr-2013
  Fund Benchmark
Annual Standard Deviation 8.38 8.61
Beta 0.96 —
R² 0.97 —

Risk measures are based on 3-year net returns (series B). (All returns are calculated in Canadian currency.)

Volatility meter

A fund’s volatility is determined using a statistical measure called “standard deviation". Standard deviation measures the amount of variability of returns that has historically occurred relative to the average return. The higher the standard deviation of a fund, the greater the range of returns it has experienced in the past. Other types of risk, both measurable and non-measurable, exist. In addition, just as historical performance may not be indicative of future returns, a fund’s historical volatility may not be indicative of its future volatility.

View other Fidelity funds in this category:

Fund facts

NAVPU – Series B

$10.92 – as at 21-May-2013

Fund inception date

18-Apr-2007

Fund benchmark

Blended Index**

Fund aggregate assets (all series)

$82.5 million
as at 30-Apr-2013

Management expense ratio - Series B

2.25% – as at 31-Dec-2012

Approximate target allocation
as at 31-Mar-2013
Canadian Equity Funds 25.1%
Fidelity True North Fund 12.6%
Fidelity Canadian Opportunities Fund 12.6%
High Yield Bond Funds 5.0%
Fidelity American High Yield Currency Neutral Fund 5.0%
International Equity Funds 27.6%
Fidelity Europe Fund 7.6%
Fidelity Global Dividend Fund 5.0%
Fidelity Emerging Markets Fund 5.0%
Fidelity Far East Fund 5.0%
Fidelity Japan Fund 5.0%
Investment Grade Bond Funds 10.0%
Fidelity Global Bond Currency Neutral Fund 10.0%
Real Estate Funds 10.0%
Fidelity Global Real Estate Fund 10.0%
Short-Term Investment Funds -0.2%
Net other assets -0.2%
U.S. Equity Funds 22.6%
Fidelity American Disciplined Equity Fund 12.5%
Fidelity Small Cap America Fund 10.0%
Footnotes and disclosures

* ©2013 Morningstar Research Inc. All rights reserved. For greater detail see www.morningstar.ca. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or redistributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any changes or losses arising from any use of this information.
§ Quartile rankings are compiled by sorting the funds by returns and range from 1 to 4 for all time periods covered and can change monthly. The top performing 25% of funds in each fund category are assigned a ranking of 1, and the next 25% a 2, etc.

**The benchmark is 12.5% S&P/TSX Capped Composite Index, 10.5% Barclays Capital Global Aggregate Bond Index – Hedged CAD, 5% Merrill Lynch U.S. High Yield Master II Constrained Index – Hedged CAD, 5% MSCI Emerging Markets Index, 5% MSCI AC Far East ex Japan Index, 7.5% MSCI Europe Index, 4% MSCI High Dividend Yield Index, 10% Russell 2000 Index, 10.5% FTSE EPRA/NAREIT Developed Index, 12.5% S&P 500 Index, 12.5% S&P/TSX Completion Index, and 5% TOPIX.

 The indicated rates of return are the historical annual compounded total returns including changes in unit value and the reinvestment of all distributions and do not take into account sales, redemption, distribution, optional charges, or income taxes payable by any securityholder that would have reduced returns.

³Compound growth calculations are used only for the purpose of illustrating the effects of compound growth and are not intended to reflect future value of any mutual fund or returns on investment in any mutual fund.

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