• NAV $9.33 06-Mar-2026
  • -$0.28 / -2.93% Daily NAV change
  • MARKET PRICE 06-Mar-2026
  • $9.33   

In accordance with National Instrument 81-102, performance cannot be shown until one year after a fund's inception.

Start NAV

$10.0000

End NAV

$10.4031
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Why invest in this fund?  

  • Focuses on companies that have strong business models and shareholder-oriented management teams and that are trading at attractive valuations in the manager’s view.
  • Seeks investment opportunities in the U.S., the world’s largest and most liquid financial market, through a high-conviction portfolio.
  • Backed by Fidelity’s global research network and managed by tenured portfolio manager Darren Lekkerkerker.

Calendar returns

In accordance with National Instrument 81-102, performance cannot be shown until one year after a fund's inception.

Standard period returns

In accordance with National Instrument 81-102, performance cannot be shown until one year after a fund's inception.

Risk measures (%) 31-Jan-2026

Fund
Annualized standard deviation 9.79
Beta 0.64
R² 0.50

Risk classification

  1. Low
  2. Low to medium
  3. Medium
  4. Medium to high
  5. High

This fund has a medium volatility rating

Allocation

Asset mix (%)

31-Jan-2026

Country mix (%)

31-Jan-2026

Sector mix (%)

31-Jan-2026
12 months ago Last month Current month
Information Technology 8.4 11.9 27.5
Communication Services 4.2 4.9 15.0
Financials 31.9 35.3 13.8
Consumer Disc. 10.4 5.6 13.2
Industrials 4.6 13.7 12.9
Materials - 0.1 7.1
Health Care 17.3 12.8 5.7
Energy - 0.5 2.5
Real Estate - - 1.2
Utilities 4.1 5.9 -
Consumer Staples 15.9 6.2 -

Top ten holdings

  1. Microsoft
  2. Berkshire Hathaway, Cl. B
  3. J. P. Morgan Chase
  4. Progressive
  5. CACI International
  6. Alphabet, Cl. C
  7. BlackRock
  8. HCA Healthcare
  9. Marsh McLennan
  10. Aon
Total number of holdings 56
Top ten holdings aggregate 42.9%
  1. Berkshire Hathaway, Cl. B
  2. Microsoft
  3. CACI International
  4. Progressive
  5. Parsons Corporation
  6. J. P. Morgan Chase
  7. HCA Healthcare
  8. Aon
  9. Visa
  10. Alimentation Couche-Tard
Total number of holdings 50
Top ten holdings aggregate 49.6%
  1. Berkshire Hathaway, Cl. B
  2. CACI International
  3. Progressive
  4. HCA Healthcare
  5. Visa
  6. Aon
  7. J. P. Morgan Chase
  8. Microsoft
  9. Marsh McLennan
  10. Parsons Corporation
Total number of holdings 44
Top ten holdings aggregate 45.9%
  1. Berkshire Hathaway, Cl. B
  2. The J.M. Smucker Company
  3. CACI International
  4. The Campbell's Company
  5. Progressive
  6. Aon
  7. Marsh McLennan
  8. Visa
  9. HCA Healthcare
  10. UnitedHealth Group
Total number of holdings 42
Top ten holdings aggregate 49.8%
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Portfolio managers