Fidelity Canadian Growth Company Fund
In accordance with Part 15, an investment fund may disclose its management fee ratio only if the management expense ratio is calculated for the financial year or interim period of the investment fund, and it is calculated by dividing (i) the aggregate of (A) total expenses of the investment fund, excluding distributions if recognized as an expense, commissions and other portfolio transaction costs, before income taxes, for the financial year or interim period, as shown on the statement of comprehensive income, and (B) any other fee, charge or expense of the investment fund that has the effect of reducing the investment fund's net asset value, by (ii) the average net asset value of the investment fund for the financial year or interim period.
yield
yield
Historical distributions
Calendar returns††
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Standard period returns††
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Risk measures
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Risk measures are based on 3-year net returns (series B). (All returns are calculated in Canadian currency.)
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| Annualized standard deviation
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Statistical measure of how much a return varies over an extended period of time. The more variable the returns, the larger the standard deviation. Investors may examine historical standard deviation in conjunction with historical returns to decide whether an investment's volatility would have been acceptable given the returns it would have produced. A higher standard deviation indicates a wider dispersion of past returns and thus greater historical volatility. Standard deviation does not indicate how an investment actually performed, but it does indicate the volatility of its returns over time. Standard deviation is annualized. The returns used for this calculation are not load-adjusted. Standard deviation does not predict the future volatility of a fund.
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| Beta
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A measure of a portfolio's sensitivity to market movements (as represented by a benchmark index). The benchmark index has a beta of 1.0. A beta of more (less) than 1.0 indicates that a fund's historical returns have fluctuated more (less) than the benchmark index. Beta is a more reliable measure of volatility when used in combination with a high R², which indicates a high correlation between the movements in a fund's returns and movements in a benchmark index
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| R²
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A measurement of how closely the portfolio's performance correlates with the performance of the fund's primary benchmark index or equivalent. R² is a proportion which ranges between 0.00 and 1.00. An R² of 1.00 indicates perfect correlation to the benchmark index, that is, all of the portfolio's fluctuations are explained by performance fluctuations of the index, while an R² of 0.00 indicates no correlation. Therefore, the lower the R², the more the fund's performance is affected by factors other than the market as measured by that benchmark index. An R² value of less than 0.5 indicates that the annualized alpha and beta are not reliable performance statistics. Standard deviation does not predict the future volatility of a fund.
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Risk classification
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The investment risk level indicated is required to be determined in accordance with the Canadian Securities Administrators standardized risk classification methodology, which is based on the historical volatility of a fund, as measured by the ten-year annualized standard deviation of the returns of the fund. Standard deviation is used to quantify the historical dispersion of returns around the average returns over a recent ten-year period. (See definition of standard deviation.)
Allocation
Asset mix (%)
Country mix (%)
Sector mix (%)
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Credit quality (%)
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Credit ratings for a rated issuer or security are categorized using Moody's Investors Services (Moody's). If Moody's does not publish a rating for a security or issuer, then the Standard & Poor's (S&P) rating is used. When S&P and Moody's provide different ratings for the same issuer or security, the Moody's rating is used. If neither Moody's nor S&P publishes a rating on the issuer or security, then the security is categorized as Not Rated. Not available: no information from the rating agency for the particular security.
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Last month | Current month | |
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Top ten holdings
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The information provided in this listing and top ten holdings or top five issuers may differ from a fund's holdings in its annual report and as follows, where applicable:
For the annual report, a fund's investments include trades executed through the end of the last business day of the period. This listing and the ten holdings or five issuers include trades executed through the end of the previous business day.
The list includes any investment in derivative instruments, and excludes the value of any cash collateral held for securities on loan and a fund's net other assets. There, the holdings as a percent of fund net assets may not total to 100%.
The top ten holdings or top five issuers for fixed-income and money market funds are presented to illustrate examples of the securities that the fund has bought and the diversity of the areas in which the fund may invest, may not be the representative of the fund's current or future investments, and may change at any time. The top ten holdings and top five issuers do not include cash, cash equivalents, money market instruments, options, interest rate swaps, fixed-income total return swaps and/or futures contracts. Depositary receipts, credit default swaps and equity total return swaps are normally combined with the underlying security.
The listing of portfolio holdings provides information on a fund's investments as at the date indicated. The information provided in this listing may differ from a fund's holdings in its annual report.
For the annual report, a fund's investments include trades executed through the end of the last business day of the period. This listing and the ten holdings or five issuers include trades executed through the end of the previous business day.
The list includes any investment in derivative instruments, and excludes the value of any cash collateral held for securities on loan and a fund's net other assets. There, the holdings as a percent of fund net assets may not total to 100%.
The top ten holdings or top five issuers for fixed-income and money market funds are presented to illustrate examples of the securities that the fund has bought and the diversity of the areas in which the fund may invest, may not be the representative of the fund's current or future investments, and may change at any time. The top ten holdings and top five issuers do not include cash, cash equivalents, money market instruments, options, interest rate swaps, fixed-income total return swaps and/or futures contracts. Depositary receipts, credit default swaps and equity total return swaps are normally combined with the underlying security.
The listing of portfolio holdings provides information on a fund's investments as at the date indicated. The information provided in this listing may differ from a fund's holdings in its annual report.
| Total number of holdings | |
| Top ten holdings aggregate |
Fund name
Portfolio holdings listing
As at
| Security name | Market value | % of net assets |
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Fidelity FoundersTM Class and Some are Two Lines and Longer |
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AS AT JUNE 30, 2018 |
Portfolio holdings listing
| Security name | Market value | % of net assets |
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Cash & Other
Security name |
Market value |
% of net assets |
|---|---|---|
| U.S. dollar | $3,618,307.74 | 3.10% |
| U.S. dollar | $3,618,307.74 | 3.10% |
| U.S. dollar | $3,618,307.74 | 3.10% |
| Cash & Other subtotal: | $3,618,307.74 | 3.10% |
Foreign Equities
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Foreign Equities
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|---|---|---|
Security name |
Market value |
% of net assets |
| Foreign Equities | ||
| U.S. dollar | $3,618,307.74 | 3.10% |
| U.S. dollar | $3,618,307.74 | 3.10% |
| Foreign Equities subtotal: | $3,618,307.74 | 3.10% |
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The listing of portfolio holdings provides information on a fund's investments as of the date indicated. The information provided in this listing may differ from a fund's holdings in its annual report. |
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Portfolio managers
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Read a fund’s prospectus and consult your financial advisor before investing. Mutual funds are not guaranteed; their values change frequently and past performance may not be repeated. Investors will pay management fees and expenses, may pay commissions or trailing commissions, and may experience a gain or loss. Views expressed regarding a particular company, security, industry or market sector are the views only of that individual as of the time expressed and do not necessarily represent the views of Fidelity or any other person in the Fidelity organization. Such views are subject to change at any time based upon markets and other conditions and Fidelity disclaims any responsibility to update such views. These views may not be relied on as investment advice and, because investment decisions for a Fidelity fund are based on numerous factors, may not be relied on as an indication of trading intent on behalf of any Fidelity fund. Certain statements in this commentary may contain forward-looking statements ("FLS") that are predictive in nature and may include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates" and similar forward-looking expressions or negative versions thereof. FLS are based on current expectations and projections about future general economic, political and relevant market factors, such as interest and foreign exchange rates, equity and capital markets, and the general business environment, in each case assuming no changes to applicable tax or other laws or government regulation. Expectations and projections about future events are inherently subject to, among other things, risks and uncertainties, some of which may be unforeseeable and, accordingly, may prove to be incorrect at a future date. FLS are not guarantees of future performance, and actual events could differ materially from those expressed or implied in any FLS. A number of important factors can contribute to these digressions, including, but not limited to, general economic, political and market factors in North America and internationally, interest and foreign exchange rates, global equity and capital markets, business competition and catastrophic events. You should avoid placing any undue reliance on FLS. Further, there is no specific intention of updating any FLS whether as a result of new information, future events or otherwise. |
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Read a fund’s prospectus and consult your financial advisor before investing. Mutual funds are not guaranteed; their values change frequently and past performance may not be repeated. Investors will pay management fees and expenses, may pay commissions or trailing commissions, and may experience a gain or loss. Views expressed regarding a particular company, security, industry or market sector are the views only of that individual as of the time expressed and do not necessarily represent the views of Fidelity or any other person in the Fidelity organization. Such views are subject to change at any time based upon markets and other conditions and Fidelity disclaims any responsibility to update such views. These views may not be relied on as investment advice and, because investment decisions for a Fidelity fund are based on numerous factors, may not be relied on as an indication of trading intent on behalf of any Fidelity fund. Certain statements in this commentary may contain forward-looking statements ("FLS") that are predictive in nature and may include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates" and similar forward-looking expressions or negative versions thereof. FLS are based on current expectations and projections about future general economic, political and relevant market factors, such as interest and foreign exchange rates, equity and capital markets, and the general business environment, in each case assuming no changes to applicable tax or other laws or government regulation. Expectations and projections about future events are inherently subject to, among other things, risks and uncertainties, some of which may be unforeseeable and, accordingly, may prove to be incorrect at a future date. FLS are not guarantees of future performance, and actual events could differ materially from those expressed or implied in any FLS. A number of important factors can contribute to these digressions, including, but not limited to, general economic, political and market factors in North America and internationally, interest and foreign exchange rates, global equity and capital markets, business competition and catastrophic events. You should avoid placing any undue reliance on FLS. Further, there is no specific intention of updating any FLS whether as a result of new information, future events or otherwise. |
