Fidelity Special Situations Fund

Investment Strategy

Fidelity Special Situations Fund aims to provide superior long-term returns by investing primarily in Canadian and U.S. small- and mid-cap equities. The Fund has the freedom to invest in any stock including foreign equities where opportunities warrant.

Performance

Performance for this series is not available at this time.

Performance

Annual compound performance – as at 31-Mar-2017

PERIOD Fund
1 month -0.12% 4
3 month 4.85% 2
6 month 8.28% 2
1 year 20.66% 2
2 year 10.24% 1
3 year 11.41% 1
5 year 16.06% 1
7 year 13.82%
10 year
YTD 4.85% 2
Since Inception 13.83%

Calendar year performance – as at 31-Mar-2017

Calendar year performance – as at 31-Mar-2017

Growth of $10,000 since inception³ – as at 31-Mar-2017

Growth of $10,000 since inception³ – as at 31-Mar-2017
Fund risk measures – as at 31-Mar-2017
  Fund
Annual Standard Deviation 10.13
Beta 0.96
0.68

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

Volatility meter

High

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.

PM - Mark Schmehl - The number and quality of the rocks - EN

Fund facts

NAVPU – Series B

$25.71 – as at 26-Apr-2017

NAVPU – Series B

$18.89 – as at 26-Apr-2017

Series inception date

18-Apr-2007

18-Apr-2007

Fund benchmark

Blended Index**

Fund aggregate assets (all series)

$1.382 billion
as at 31-Mar-2017

Management expense ratio - Series B

2.27% – as at 30-Jun-2016

 
Quarterly Top Ten Holdings
SPDR Gold Trust ETF  
Toronto-Dominion Bank  
Open Text  
Intel  
Royal Bank of Canada  
Canadian National Railway  
Pioneer Natural Resources  
AGNICO EAGLE MINES LTD (CANA)  
D+H  
Kinaxis  
Total number of holdings 103
Top 10 holdings aggregate 30.9%
Allocation to funds

Asset Mix
as at 28-Feb-2017

  Current monthLast monthTwo months ago
Foreign Equities 50.5%49.8%48.8%
Canadian Equities 47.0%48.4%48.9%
Convertibles 1.1%1.2%1.2%
Other Investments 0.2%0.7%1.0%
Cash & Other 1.2%

Top historical sector mix (%)
as at 28-Feb-2017

Information Technology 31.4%35.2%35.2%
Financials 24.4%30.0%23.5%
Materials 16.4%18.6%18.2%
Energy 7.1%4.7%
Consumer Discretionary 6.6%6.8%6.9%
Health Care 6.2%4.3%4.3%
Industrials 5.2%2.9%4.6%
Consumer Staples 1.4%1.6%1.7%
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