Investment Strategy
Fidelity Canadian Disciplined Equity® Fund combines the discipline of a sector-neutral investment approach with the freedom to pursue the best opportunities in the market through active stock selection.
Fidelity Canadian Disciplined Equity® Fund
Performance
Annual compound performance – as at 31-Jul-2010
| Fund | Morningstar Quartile* |
Benchmark | |
| 1 month | 4.14% | 2 | 3.96% |
| 3 month | -4.65% | 3 | -3.38% |
| 6 month | 5.30% | 3 | 7.04% |
| 1 year | 10.71% | 2 | 11.68% |
| 2 year | -5.57% | 3 | -4.15% |
| 3 year | -2.95% | 1 | -2.58% |
| 5 year | 5.04% | 1 | 5.18% |
| 7 year | 9.24% | 1 | 9.73% |
| 10 year | 5.60% | 1 | 5.64% |
| YTD | -0.25% | 3 | 1.31% |
| Since Inception | 11.10% | — | — |
Calendar year performance – as at 31-Jul-2010
Growth of $10,000 since inception – as at 30-Jun-2010
Fund risk measures – as at 31-Jul-2010
| Fund | Benchmark | |
| Annual Standard Deviation | 21.76 | 20.43 |
| Beta | 1.06 | — |
| R² | 0.99 | — |
Risk measures are based on 3-year net returns (series B). (All returns are calculated in Canadian currency.)
Volatility meter
The volatility meter uses methodology recommended by the Fund Risk Classification Task Force of the Investment Funds Institute of Canada. The Task Force prescribes risk assessment based on historical volatility risk as measured by the standard deviation of fund performance. The Task Force also acknowledges that other types of measurable and nonmeasurable risk may exist. The Task Force reminds investors that historical performance may not be indicative of future returns and a fund’s historical volatility may not be indicative of future volatility.
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Fund facts
NAVPU – Series B
$25.48 – as at 01-Sep-2010
Fund inception date
30-Sep-1998
Fund benchmark
S&P/TSX Capped Composite Index
Fund aggregate assets (all available series)
$2.526 billion
as at 31-Jul-2010
Management expense ratio - Series B
2.21% – as at 31-Dec-2009
Quarterly Top Ten Holdings
| Toronto-Dominion Bank | Commercial Banks |
| Royal Bank of Canada | Commercial Banks |
| Talisman Energy | Oil, Gas & Consumable Fuels |
| Suncor Energy | Oil, Gas & Consumable Fuels |
| Canadian Imperial Bank of Commerce | Commercial Banks |
| Goldcorp | Metals & Mining |
| Petrobank Energy & Resources | Oil, Gas & Consumable Fuels |
| Research In Motion | Communications Equipment |
| Power Corporation of Canada, Sub Vtg | Insurance |
| Barrick Gold | Metals & Mining |
| Top 10 holdings aggregate | 43.0% |
| Total number of holdings | 87 |
Allocation