Inception Return
(10/16/2020)
|
25.77 %
|
|
YTD Return
|
-6.32 %
|
|
NAVPS
(3/24/2023)
|
$15.39
|
|
Change
|
$0.21 / 1.38 %
|
|
|
Growth of $10,000
(As of February 28, 2023)
|
|
MER
|
1.51 %
|
|
Assets ($mil)
|
$666.58
|
|
Rank (1Yr)
|
3/143
|
|
Std Dev (3Yr)
|
-
|
|
Volatility Ranking (3Yr)
|
-
|
|
RRSP Eligibility
|
Yes
|
|
Load
|
No Load
|
|
Max Front End
|
-
|
|
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
Fidelity Investments Canada ULC
Sub-Advisor
Fidelity Canada Investment Management
|
|
Asset Allocation
(As of December 31, 2022)
|
Sector Allocation
(As of December 31, 2022)
|
Geographic Allocation
(As of December 31, 2022)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| British American Tobacco PLC | International Equity | Consumer Goods | European Union | 5.71% |
| Altria Group Inc | US Equity | Consumer Goods | United States | 5.28% |
| Imperial Brands PLC | International Equity | Consumer Goods | European Union | 5.13% |
| Nestle SA Cl N | International Equity | Consumer Goods | Other European | 4.89% |
| Johnson & Johnson | US Equity | Healthcare | United States | 4.76% |
| Coupa Software Inc | US Equity | Technology | United States | 4.57% |
| STORE Capital Corp | US Equity | Real Estate | United States | 4.32% |
| Metro Inc | Canadian Equity | Consumer Services | Canada | 4.26% |
| Software AG | International Equity | Technology | European Union | 4.24% |
| Horizon Therapeutics PLC | International Equity | Healthcare | European Union | 4.16% |
Performance Data
(As of February 28, 2023)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
1.61
|
-2.08
|
10.47
|
-6.32
|
37.42
|
-
|
-
|
-
|
|
Benchmark
|
-2.45
|
-0.35
|
6.30
|
4.78
|
-1.21
|
10.83
|
8.82
|
7.86
|
|
Quartile Ranking
|
1
|
3
|
1
|
4
|
1
|
-
|
-
|
-
|
|
Calendar Return (%)
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
2013
|
|
Fund
|
68.11
|
1.46
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
|
Benchmark
|
-5.84
|
25.09
|
5.60
|
22.88
|
-8.89
|
9.10
|
21.08
|
-8.32
|
10.55
|
12.99
|
|
Quartile Ranking
|
1
|
4
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|