Inception Return
(10/16/2020)
|
1.19 %
|
|
YTD Return
|
-17.47 %
|
|
NAVPS
(1/13/2025)
|
$9.23
|
|
Change
|
$0.06 / 0.65 %
|
|
|
Growth of $10,000
(As of December 31, 2024)
|
|
MER
|
2.71 %
|
|
Assets ($mil)
|
$50.18
|
|
Rank (1Yr)
|
164/169
|
|
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 September 30, 2024)
|
Sector Allocation
(As of September 30, 2024)
|
Geographic Allocation
(As of September 30, 2024)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| U.S. DOLLAR | Cash and Equivalents | Cash and Cash Equivalent | United States | 43.20% |
| Bayer AG Cl N | International Equity | Healthcare | European Union | 4.35% |
| Imperial Brands PLC | International Equity | Consumer Goods | European Union | 4.16% |
| British American Tobacco PLC | International Equity | Consumer Goods | European Union | 4.08% |
| Diageo PLC | International Equity | Consumer Goods | European Union | 4.08% |
| JD.com Inc - ADR Cl A | International Equity | Consumer Services | Asia/Pacific Rim | 4.00% |
| Metro Inc | Canadian Equity | Consumer Services | Canada | 3.64% |
| Johnson & Johnson | US Equity | Healthcare | United States | 3.53% |
| Pfizer Inc | US Equity | Healthcare | United States | 3.44% |
| Nestle SA Cl N | International Equity | Consumer Goods | Other European | 3.44% |
Performance Data
(As of December 31, 2024)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
2.36
|
-15.50
|
-8.50
|
-17.47
|
-17.47
|
-0.82
|
-
|
-
|
|
Benchmark
|
-3.27
|
3.76
|
14.71
|
21.65
|
21.65
|
8.58
|
11.08
|
8.65
|
|
Quartile Ranking
|
1
|
4
|
4
|
4
|
4
|
4
|
-
|
-
|
|
Calendar Return (%)
|
2024
|
2023
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
|
Fund
|
-17.47
|
-28.84
|
66.10
|
0.29
|
-
|
-
|
-
|
-
|
-
|
-
|
|
Benchmark
|
21.65
|
11.75
|
-5.84
|
25.09
|
5.60
|
22.88
|
-8.89
|
9.10
|
21.08
|
-8.32
|
|
Quartile Ranking
|
4
|
4
|
1
|
4
|
-
|
-
|
-
|
-
|
-
|
-
|