Fidelity Market Neutral Alternative Series F (FID2140)
10.86
-0.02
(-0.17%)
CAD |
Apr 02 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.50% | 37.35M | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -13.87M | 4.55% |
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 |
| Equity Style | -- |
| 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:
77
-1.988M
Peer Group Low
57.59M
Peer Group High
1 Year
% Rank:
77
-13.87M
-22.71M
Peer Group Low
1.015B
Peer Group High
3 Months
% Rank:
83
-11.69M
Peer Group Low
214.31M
Peer Group High
3 Years
% Rank:
73
-312.86M
Peer Group Low
1.657B
Peer Group High
6 Months
% Rank:
92
-11.03M
Peer Group Low
389.47M
Peer Group High
5 Years
% Rank:
92
-154.41M
Peer Group Low
2.365B
Peer Group High
YTD
% Rank:
87
-3.894M
Peer Group Low
863.13M
Peer Group High
10 Years
% Rank:
56
-340.15M
Peer Group Low
2.572B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of April 06, 2026.
Asset Allocation
As of January 31, 2026.
| Type | % Net |
|---|---|
| Cash | 19.91% |
| Stock | -0.14% |
| Bond | 36.83% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 43.40% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Fidelity Canadian Money Market Investment Trust
|
53.46% | -- | -- |
|
Other Assets less Liabilities
|
45.02% | -- | -- |
| Aritzia, Inc. | 4.96% | 114.25 | -1.35% |
| Alphabet, Inc. | 3.74% | 294.46 | -0.15% |
| Caterpillar, Inc. | 3.41% | 717.22 | -1.79% |
| Finning International, Inc. | 3.23% | 61.80 | -2.59% |
| Thermo Fisher Scientific, Inc. | 2.90% | 491.46 | -0.62% |
| RTX Corp. | 2.87% | 196.21 | 0.77% |
| Fairfax Financial Holdings Ltd. | 2.69% | 2363.41 | 0.71% |
| CACI International, Inc. | 2.67% | 575.63 | 2.58% |
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 |
| Equity Style | -- |
| 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 (4-2-26) | 0.00% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 145 |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FID2140.TO", "name") |
| Broad Asset Class: =YCI("M:FID2140.TO", "broad_asset_class") |
| Broad Category: =YCI("M:FID2140.TO", "broad_category_group") |
| Prospectus Objective: =YCI("M:FID2140.TO", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |