Toronto - Delayed Quote CAD

Fidelity True North Cl E1T5 (0P00019FHB.TO)

24.57 -1.67 (-6.36%)
As of December 1 at 3:00 PM EST. Market Open.

Fund Summary

The Fund aims to achieve long-term capital growth. 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 growth by investing primarily in equity securities of Canadian companies.

Fidelity True North Cl E1T5

483 Bay Street
Suite 200
800-263-4077

Fund Overview

Category Canadian Equity
Fund Family Fidelity Investments Canada ULC
Net Assets 127.4M
YTD Return 17.74%
Yield 1.85%
Morningstar Rating
Inception Date Feb 05, 2016

Fund Operations

Last Dividend 0.00
Last Cap Gain 0.00
Holdings Turnover 11.34%
Average for Category --

Fees & Expenses

Expense 0P00019FHB.TO Category Average
Annual Report Expense Ratio (net) 2.16% 1.66%
Prospectus Net Expense Ratio 0.00% --
Prospectus Gross Expense Ratio 0.00% --
Max 12b1 Fee -- --
Max Front End Sales Load -- --
Max Deferred Sales Load -- --
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Maxime Lemieux, Lead Manager since November 01, 2009
Maxime Lemieux is a portfolio manager at Pyramis Global Advisors, a Fidelity Investments company. He joined Fidelity in 1996 as a research associate and member of Team Canada, covering Canadian securities in the entertainment, broadcasting and forest products sectors. In addition to managing several funds for Canadian investors, Mr. Lemieux managed the Fidelity Canada Fund for U.S. investors from 2002 to 2008; he was named MarketWatch’s Mutual Fund Manager of the year in 2008 for this fund. Maxime received a BCom in finance from McGill University in Montreal in 1996.

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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