C000217774 Performance — Fidelity Disruptive Communications Fund
Data updated: 2023-08-03
C000217774 returned +4.90% over one year to May 2023. The annualised 3-year return is +3.81%. Against its International Thematic Equity category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $112, against $113 for the category, and to $105 over one year, against $100. Volatility over the past three years was 22.71% a year. In the 12 months to May 2023 the fund lost a net $10.0M, and assets reached $38.02M.
C000217774 Growth of $100
What $100 invested in Fidelity Disruptive Communications Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Thematic Equity category average over the same months.
| Period | C000217774 | Category average |
|---|---|---|
| 1 year (Jun 2022 – May 2023) | $105 | $100 |
| 3 years (Jun 2020 – May 2023) | $112 | $113 |
| Since data start (May 2020 – May 2023) | $122 | $120 |
C000217774 Trailing Returns
Total returns to May 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +4.90% |
| 3 years (annualised) | +3.81% |
C000217774 Annual Returns
Calendar-year total returns of Fidelity Disruptive Communications Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–May) | +23.26% |
| 2022 | −39.26% |
| 2021 | +11.24% |
| 2020 (May–Dec) | +46.91% |
C000217774 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +14.4% | −2.5% | +8.0% | −4.5% | +7.2% | — | — | — | — | — | — | — |
| 2022 | −11.2% | −3.3% | +0.6% | −13.4% | −4.7% | −8.2% | +7.7% | −3.7% | −10.7% | +3.0% | +5.7% | −8.2% |
| 2021 | +1.1% | +4.5% | −1.1% | +5.5% | +0.5% | +5.9% | −1.6% | +2.4% | −4.5% | +3.8% | −5.3% | +0.1% |
| 2020 | — | — | — | — | +9.3% | +4.4% | +7.6% | +6.8% | −3.2% | −0.1% | +12.9% | +2.4% |
C000217774 Risk
Risk measures from monthly returns over Jun 2020 – May 2023.
- 3-year volatility (annualised): 22.71%
- 3-year Sharpe ratio: -0.03 (vs 4.5% risk-free rate)
- Best month: +14.36% (Jan 2023)
- Worst month: −13.36% (Apr 2022)
C000217774 Fund Flows
Monthly money in and out of Fidelity Disruptive Communications Fund, from SEC Form N-PORT.
- 12-month net flow: −$10.0M
- 12-month gross sales (incl. reinvestments): $40.9M
- Sales ÷ redemptions: 0.80×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2023 | $32.4M | $33.5M | −$1.1M |
| Apr 2023 | $586K | $2.3M | −$1.8M |
| Mar 2023 | $869K | $1.2M | −$312K |
| Feb 2023 | $1.1M | $586K | $473K |
| Jan 2023 | $550K | $1.1M | −$531K |
| Dec 2022 | $2.1M | $1.4M | $707K |
| Nov 2022 | $349K | $999K | −$650K |
| Oct 2022 | $334K | $4.7M | −$4.4M |
| Sep 2022 | $468K | $1.1M | −$661K |
| Aug 2022 | $890K | $1.4M | −$502K |
| Jul 2022 | $468K | $1.2M | −$750K |
| Jun 2022 | $765K | $1.3M | −$501K |
C000217774 Assets Under Management
Net assets of Fidelity Disruptive Communications Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-05-31 | $38.02M |
| 2023-02-28 | $37.36M |
| 2022-11-30 | $35.76M |
| 2022-08-31 | $43.20M |
| 2022-05-31 | $47.10M |
| 2022-02-28 | $61.76M |
| 2021-11-30 | $77.94M |
| 2021-08-31 | $83.45M |
| 2021-05-31 | $73.70M |
| 2021-02-28 | $65.37M |
| 2020-11-30 | $43.52M |
| 2020-08-31 | $26.56M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.