Fidelity Market Neutral Alternative Series B (FID2139)
10.14
+0.03
(+0.29%)
CAD |
Dec 10 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 2.61% | 39.06M | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -14.51M | 2.46% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund invests primarily in long and short positions of equity securities of companies located in Canada and/or the United States. The Fund seeks returns with low correlation to major equity markets and may use leverage through the use of short selling of up to 100% of its net asset value and by investing in derivatives. The Fund's gross exposure is calculated as the sum of the following, and must not exceed 300% of its net asset value: (i) the aggregate market value of securities sold short; (ii) the value of indebtedness under any borrowing arrangements for investment purposes; and (iii) the aggregate notional value of the Fund's specified derivatives positions excluding any specified derivatives used for hedging purposes. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Equity Market Neutral |
| Peer Group | Alternative Market Neutral |
| Global Macro | Alternative Equity |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
96
-1.330M
Peer Group Low
192.34M
Peer Group High
1 Year
% Rank:
92
-14.51M
-34.52M
Peer Group Low
1.015B
Peer Group High
3 Months
% Rank:
88
-4.448M
Peer Group Low
396.21M
Peer Group High
3 Years
% Rank:
69
-386.72M
Peer Group Low
1.447B
Peer Group High
6 Months
% Rank:
92
-15.47M
Peer Group Low
570.06M
Peer Group High
5 Years
% Rank:
80
-419.91M
Peer Group Low
2.165B
Peer Group High
YTD
% Rank:
92
-33.40M
Peer Group Low
863.13M
Peer Group High
10 Years
% Rank:
53
-307.98M
Peer Group Low
2.291B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 11, 2025.
Asset Allocation
As of October 31, 2025.
| Type | % Net |
|---|---|
| Cash | 27.94% |
| Stock | 2.21% |
| Bond | 28.45% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 41.40% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Fidelity Canadian Money Market Investment Trust
|
53.08% | -- | -- |
|
Other Assets less Liabilities
|
47.15% | -- | -- |
| Aritzia, Inc. | 4.17% | 115.28 | -0.38% |
| Alphabet, Inc. | 3.19% | 313.70 | -2.27% |
| Shopify, Inc. | 3.17% | 164.75 | -2.18% |
| Caterpillar, Inc. | 3.12% | 625.61 | 1.67% |
| Finning International, Inc. | 3.04% | 54.73 | 0.07% |
| Guidewire Software, Inc. | 2.93% | 204.62 | 2.00% |
| RTX Corp. | 2.88% | 177.47 | 1.57% |
| CACI International, Inc. | 2.75% | 586.58 | -1.65% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | -- |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP |
|
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 500.00 None |
| Minimum Subsequent Investment | 25.00 None |
Basic Info
| Investment Strategy | |
| The Fund invests primarily in long and short positions of equity securities of companies located in Canada and/or the United States. The Fund seeks returns with low correlation to major equity markets and may use leverage through the use of short selling of up to 100% of its net asset value and by investing in derivatives. The Fund's gross exposure is calculated as the sum of the following, and must not exceed 300% of its net asset value: (i) the aggregate market value of securities sold short; (ii) the value of indebtedness under any borrowing arrangements for investment purposes; and (iii) the aggregate notional value of the Fund's specified derivatives positions excluding any specified derivatives used for hedging purposes. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Equity Market Neutral |
| Peer Group | Alternative Market Neutral |
| Global Macro | Alternative Equity |
| US Macro | -- |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-10-25) | 0.00% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 132 |
Fund Details
| Key Dates | |
| Inception Date | -- |
| Last Annual Report Date | 12/31/2024 |
| Last Prospectus Date | -- |
| Share Classes | |
| FID2140 | Fee-based Advice |
| FID7125 | Commission-based Advice |
| FID7126 | Fee-based Advice |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund |
|
| Synthetic Replication Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FID2139.TO", "name") |
| Broad Asset Class: =YCI("M:FID2139.TO", "broad_asset_class") |
| Broad Category: =YCI("M:FID2139.TO", "broad_category_group") |
| Prospectus Objective: =YCI("M:FID2139.TO", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |