Fund code: 6589

  • NAV $16.83 $0.08 / 0.48%
    04-Dec-2024
  • Inception 16-Jan-2019
  • Benchmark Blended index **
  • Aggregate assets
    (all series)
    $34.7M
    30-Nov-2024
  • MER 2.29%
    31-May-2024
  • Distributions
  • Morningstar category North American Equity
  • Also available through Class US$, Class CDN$ and Class Currency Neutral T-Series
  • Get Fund Facts

End investment

Annualized return

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Start NAV

$10.0000

End NAV

$10.4031
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Calendar returns (%) 30-Nov-2024

YTD 2024 2023 2022 2021 2020
Fund 20.29 17.16 -19.08 12.48 18.45

Standard period returns (%) 30-Nov-2024

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr Inception
Fund 8.14 7.08 9.08 26.94 4.83 8.78 10.01

Why invest in this fund?

  • Diversified all-cap North American equity strategy that aims to achieve strong risk-adjusted returns.
  • Combines two complementary investment approaches to help generate alpha and lower volatility throughout a market cycle.
  • Managed by two experienced Fidelity portfolio managers and backed by Fidelity’s strong global research platform.

Risk measures (%) 31-Oct-2024

Fund
Annualized standard deviation 16.91
Beta 0.91
0.90

Risk classification

  1. Low
  2. Low to medium
  3. Medium
  4. Medium to high
  5. High

This fund has a medium volatility rating

Allocation

Asset mix (%)

31-Oct-2024

Country mix (%)

31-Oct-2024

Sector mix (%)

31-Oct-2024
12 months ago Last month Current month
Information Technology 14.5 16.2 19.1
Financials 2.1 18.1 17.3
Industrials 27.9 16.9 16.2
Consumer Disc. 15.7 14.8 15.4
Consumer Staples 5.7 10.9 8.4
Health Care 9.2 8.9 5.4
Materials 2.9 4.2 4.7
Energy 8.4 3.5 3.8
Communication Services 4.8 2.5 3.7
Utilities 1.9 3.4 3.5
Multi Sector 1.3 - -
Real Estate 0.5 - -

Top ten holdings

  1. Royal Bank of Canada
  2. Shopify
  3. Reinsurance Group of America
  4. Grand Canyon Education
  5. Alimentation Couche-Tard
  6. Coty
  7. Service Corporation International
  8. Apple
  9. Canadian Pacific Kansas City Limited
  10. Napco Security Technologies
Total number of holdings 203
Top ten holdings aggregate 26.5%
  1. Reinsurance Group of America
  2. Grand Canyon Education
  3. Napco Security Technologies
  4. Alimentation Couche-Tard
  5. Shopify
  6. Canadian Pacific Kansas City Limited
  7. Service Corporation International
  8. Celestica
  9. Apple
  10. Valvoline Inc.
Total number of holdings 208
Top ten holdings aggregate 22.8%
  1. Canadian Pacific Kansas City Limited
  2. Shopify
  3. Grand Canyon Education
  4. Service Corporation International
  5. Charles River Laboratories
  6. Nvidia
  7. Alimentation Couche-Tard
  8. Cameco
  9. Chemed Corporation
  10. Meta Platforms
Total number of holdings 199
Top ten holdings aggregate 23.3%
  1. Charles River Laboratories
  2. Shopify
  3. Service Corporation International
  4. Grand Canyon Education
  5. ASGN Incorporated
  6. Coty
  7. Canadian Pacific Kansas City Limited
  8. Nvidia
  9. Cooper Companies
  10. Cameco
Total number of holdings 201
Top ten holdings aggregate 28.6%
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