Fidelity Amer Disc Equity CN Cl-A
Fund Price: $10.17 (as at July 29, 2010) 1-day chg: $-.0541 -0.53% YTD: -4.19%
Returns as at June 30, 2010
| Fund | Group Avg | Index* | |
|---|---|---|---|
| 1 Month | -7.36% | -4.80% | -3.93% |
| 3 Months | -13.71% | -9.08% | -7.50% |
| 6 Months | -9.56% | -6.90% | -5.41% |
| 1 Year | - | 3.88% | 4.40% |
| 2 Year Avg | - | -9.58% | -6.24% |
| 3 Year Avg | - | -12.49% | -9.89% |
| 4 Year Avg | - | -6.90% | -4.22% |
| 5 Year Avg | - | -5.61% | -3.62% |
| 10 Year Avg | - | -5.86% | -4.81% |
| 15 Year Avg | - | 2.22% | 4.42% |
| 20 Year Avg | - | 4.58% | 7.16% |
| Since Inception | -3.96% | - | - |
| 2009 | - | 12.63% | 8.08% |
| 2008 | - | -30.37% | -21.92% |
| 2007 | - | -6.78% | -10.55% |
| 3 year risk | - | 18.29 | 15.02 |
| 3 year beta | - | 1.03 | 1.00 |
*S&P 500 Composite Total Return Idx($Cdn)
Growth of $10,000
Risk Measures as at June 30, 2010
Best/Worst 12 months (since inception)
| Best (ending ): | 0 |  | |
| Worst (ending ): | 0 | | |
Volatility meter (Based on 3 year standard deviation from Globefund.com)
Low
High Fund Objectives
The US equity pool seeks to provide 3.0% annualized excess return relative to the S&P 500 Index over a full market cycle by investing in a diversified portfolio of U.S. equities. The portfolio is constructed to ensure that active return is generated through stock selection. Given recent volatile fluctuations in the Canadian dollar many clients are asking us to offer currency neutral foreign equity.
Fund Facts
| Fund Sponsor: | Fidelity Investments Canada ULC |
| Managed by: | Fidelity Investments Canada ULC |
| Fund Type: | MF Corp |
| Inception Date: | October 2009 |
| Asset Class: | U.S. Equity |
| Quartile Rank: | - (3YR ending June 30, 2010) |
| Total Assets: | $6.6 million |
| Mgmt Exp. Ratio (MER): | 2.57% |
| Management Fee: | 2.00% |
| Load Type: | Optional |
- Globe 5-Star Rating:
- RRSP Eligible:
- Canadian
- Min. Invest (initial):
- $500
- Subsequent:
- $50
- Min. Invest (initial RRSP):
- $500
- Subsequent RRSP:
- $50
- Closed:
- No
- Restricted:
- No
- Restriction:
Asset Allocation
Equity Sector Weightings
Fund Geography
Top Holdings
Portfolio Manager(s)
John Power, MBA
Fidelity Investments Canada ULC
Start Date: October, 2009
Fund Return: -3.96%
Mr. Power joined Fidelity in February 2005 as assistant group leader for Fidelity Management & Research Company. He helped build and communicate Fidelity�s institutional equity management capabilities. He assumed management responsibilities for Fidelity Growth America Fund and sub-portfolio duties on Fidelity International Portfolio Fund as of January 2006. Mr. Power assumed his role as senior vice president in December 2005. Prior to joining Fidelity, Mr. Power was a principal and member of the Investment Strategy Committee at Oechsle International Advisors in Boston. In this role, he ran the firm�s risk management process and worked closely with the firm�s clients and industry consultants. From 1997 to 2000, he served as head of fixed-income for Santander Global Advisors in Boston. In 1997, he also served as vice president and senior portfolio manager for the Boston firm Standish, Ayer & Wood. Mr. Power was with Baring Asset Management from 1987 to 1997, serving as senior vice president and head of North American Fixed- Income in both Boston and London. Mr. Power worked in various analyst positions from 1982 through 1987 at the Manufacturers Hanover Trust Co. in New York, Regulatory Research Associates in Jersey City, New Jersey, and Colonial Management in Boston. Born in 1960, Mr. Power received a bachelor of arts degree in economics from Middlebury College in 1982 and received an MBA from The Wharton School at the University of Pennsylvania in 1986.
Also manages:CL Fidelity Am Disc Equity� Gens I, Fidelity Amer Disciplined Equity-A, Fidelity Global Disciplined Equ-A, Fidelity Global Opportunities-A, Fidelity Growth America-A, Fidelity Growth America-B, Fidelity U.S. Equity CN Prv Pool-B, Fidelity U.S. Equity Private Pool-B, Pyramis U.S. Large Cap Core Trust, Pyramis US Large Cap Core N-R Trust
