Inception Return
(10/16/2020)
|
3.82 %
|
YTD Return
|
-9.80 %
|
|
NAVPS
(7/25/2024)
|
$10.85
|
Change
|
$0.15 / 1.39 %
|
|
Growth of $10,000
(As of June 30, 2024)
|
MER
|
2.71 %
|
Assets ($mil)
|
$58.41
|
Rank (1Yr)
|
150/154
|
Std Dev (3Yr)
|
-
|
Volatility Ranking (3Yr)
|
10/10
|
RRSP Eligibility
|
Yes
|
Load
|
Back Fee Only
|
Max Front End
|
5.00 %
|
Max Back End
|
-
|
Sales Status
|
Open
|
|
Objective
The Fund aims to provide long-term capital appreciation by investing primarily in long and short positions of equity securities of companies anywhere in the world. The Fund may use leverage through the use of short selling of up to 50% of its net asset value and by investing in derivatives. The Fund’s gross exposure shall not exceed the limits on the use of leverage or as otherwise permitted under applicable securities legislation and/or regulatory approval.
|
Fund Manager
Fidelity Investments Canada ULC
Portfolio Manager
Daniel Dupont, Fidelity Investments Canada ULC
Sub-Advisor
Fidelity Canada Investment Management
|
Asset Allocation
(As of March 31, 2024)
|
Sector Allocation
(As of March 31, 2024)
|
Geographic Allocation
(As of March 31, 2024)
|
Top 10 Holdings
Name | Asset | Sector | Geographic | Percent |
U.S. DOLLAR | Cash and Equivalents | Cash and Cash Equivalent | United States | 50.16% |
JD.com Inc - ADR Cl A | International Equity | Consumer Services | Asia/Pacific Rim | 4.78% |
Johnson & Johnson | US Equity | Healthcare | United States | 4.66% |
British American Tobacco PLC | International Equity | Consumer Goods | European Union | 4.47% |
TMX Group Ltd | Canadian Equity | Financial Services | Canada | 4.44% |
Diageo PLC | International Equity | Consumer Goods | European Union | 4.43% |
Metro Inc | Canadian Equity | Consumer Services | Canada | 4.40% |
Pfizer Inc | US Equity | Healthcare | United States | 4.38% |
Nestle SA Cl N | International Equity | Consumer Goods | Other European | 4.36% |
Altria Group Inc | US Equity | Consumer Goods | United States | 4.31% |
Performance Data
(As of June 30, 2024)
|
Return (%)
|
Annualized Return (%)
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
Fund
|
-4.26
|
1.95
|
-9.80
|
-9.80
|
-21.82
|
8.69
|
-
|
-
|
Benchmark
|
-1.42
|
-0.53
|
6.05
|
6.05
|
12.13
|
5.98
|
9.28
|
6.95
|
Quartile Ranking
|
4
|
2
|
4
|
4
|
4
|
2
|
-
|
-
|
Calendar Return (%)
|
2023
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
Fund
|
-28.84
|
66.10
|
0.29
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Benchmark
|
11.75
|
-5.84
|
25.09
|
5.60
|
22.88
|
-8.89
|
9.10
|
21.08
|
-8.32
|
10.55
|
Quartile Ranking
|
4
|
1
|
4
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|