Fidelity Glb Innovtr Ccy Netrl Cl B (FID6000)
17.23
-0.38
(-2.16%)
CAD |
Mar 22 2023
Key Stats
| Expense Ratio | Total Assets Under Management | Dividend Yield | Turnover Ratio |
|---|---|---|---|
| 2.27% | 962.20M | 1.74% | 25.62% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized All Time Total Returns (Daily) | Max Drawdown (All) |
| -87.30M | -19.37% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund aims to achieve long-term capital appreciation. It seeks a similar return to its underlying fund, which is also managed by Fidelity, by investing substantially all of its assets in units of that fund. The underlying fund aims to achieve long-term capital appreciation by investing primarily in equity securities of companies located anywhere in the world that have the potential to be disruptive innovators. The underlying fund seeks to identify companies that are positioned to benefit from the application of innovative and emerging technology or that employ innovative business models. The Fund uses derivatives to try to minimize the exposure to currency fluctuations between foreign currencies in developed markets (such as the U.S. dollar, the Euro or the Yen) and the Canadian Dollar. The Fund may also hedge against other foreign currencies. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | FID6009 |
| Equity Style | Large Cap/Blend |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Equity |
| Category Name | Global Equity |
| Category Index | Morningstar Gbl GR CAD |
| Global Category Name | Global Equity Large Cap |
| YCharts Categorization | Global Equity Large Cap |
| YCharts Benchmark | MSCI ACWI Ex USA Total Return (^MSACXUSTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Fidelity Investments Canada ULC |
| Prospectus Benchmark Index | |
| NASDAQ Composite TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Mark Schmehl | 5.33 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
--
Category High
1 Year
% Rank:
89
-87.30M
-829.53M
Category Low
4.142B
Category High
3 Months
% Rank:
--
--
Category Low
--
Category High
3 Years
% Rank:
--
--
Category Low
--
Category High
6 Months
% Rank:
--
--
Category Low
--
Category High
5 Years
% Rank:
--
--
Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
--
Category Low
--
Category High
As of February 28, 2023
Risk
Performance Versus Category
As of March 22, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of March 22, 2023.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Amazon.com Inc | 8.52% | 98.71 | 0.01% |
| Block Inc Class A | 4.19% | 61.88 | -14.82% |
| Meta Platforms Inc Class A | 4.11% | 204.28 | 2.24% |
| Netflix Inc | 3.63% | 320.37 | 9.01% |
| Roblox Corp Ordinary Shares - Class A | 3.39% | 42.07 | -1.82% |
| Alphabet Inc Class A | 3.11% | 105.60 | 2.16% |
| Boston Scientific Corp | 2.87% | 47.94 | -0.27% |
| NVIDIA Corp | 2.80% | 271.91 | 2.73% |
| Taiwan Semiconductor Manufacturing Co Ltd ADR | 2.70% | 94.59 | 2.13% |
| Quanta Services Inc | 2.60% | 158.97 | 0.26% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | Upgrade |
| Administration Fee | -- |
| Performance Fee | -- |
| Switching Fee | -- |
| Transaction Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
Basic Info
| Investment Strategy | |
| The Fund aims to achieve long-term capital appreciation. It seeks a similar return to its underlying fund, which is also managed by Fidelity, by investing substantially all of its assets in units of that fund. The underlying fund aims to achieve long-term capital appreciation by investing primarily in equity securities of companies located anywhere in the world that have the potential to be disruptive innovators. The underlying fund seeks to identify companies that are positioned to benefit from the application of innovative and emerging technology or that employ innovative business models. The Fund uses derivatives to try to minimize the exposure to currency fluctuations between foreign currencies in developed markets (such as the U.S. dollar, the Euro or the Yen) and the Canadian Dollar. The Fund may also hedge against other foreign currencies. |
| General | |
| Security Type | Mutual Fund |
| Oldest Share Symbol | FID6009 |
| Equity Style | Large Cap/Blend |
| Fixed Income Style | -- |
| Broad Asset Class | -- |
| Broad Category | Equity |
| Category Name | Global Equity |
| Category Index | Morningstar Gbl GR CAD |
| Global Category Name | Global Equity Large Cap |
| YCharts Categorization | Global Equity Large Cap |
| YCharts Benchmark | MSCI ACWI Ex USA Total Return (^MSACXUSTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Fidelity Investments Canada ULC |
| Prospectus Benchmark Index | |
| NASDAQ Composite TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Mark Schmehl | 5.33 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (3-22-23) | 1.74% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 24.25 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
As of January 31, 2023
Fund Details
| Key Dates | |
| Inception Date | 11/1/2017 |
| Last Annual Report Date | 11/30/2022 |
| Last Prospectus Date | -- |
| Share Classes | |
| FID5991 | Commission-based Advice |
| FID5994 | Commission-based Advice |
| FID5997 | Commission-based Advice |
| FID6001 | Commission-based Advice |
| FID6002 | Commission-based Advice |
| FID6009 | Fee-based Advice |
| FID6010 | Fee-based Advice |
| FID6011 | Fee-based Advice |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |