Fidelity Canada Fund (FICDX)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Fidelity Canada Fund (FICDX) trades at $82.57 with AI Score 48/100 (Grade C). Fidelity Canada Fund (FICDX) invests primarily in Canadian securities and other investments tied economically to Canada. Market cap: $1.14B, Sector: Financial services.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for FICDX: FICDX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FICDX against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
FICDX: the 1 perspectives are evenly split.
How is this calculated? →Fidelity Canada Fund (FICDX) Financial Services Profile
Fidelity Canada Fund (FICDX) is a financial services fund focused on investments in Canadian securities and assets tied to the Canadian economy. Employing fundamental analysis, the fund seeks long-term capital appreciation by primarily investing in common stocks, while managing industry concentration risks and potentially investing in U.S. issuers.
What Is the Investment Thesis for FICDX?
Fidelity Canada Fund (FICDX) presents a compelling investment case for those seeking exposure to the Canadian equity market. With a market capitalization of $1.14B and a dividend yield of 5.42%, FICDX offers a blend of growth and income potential. The fund's strategy of investing at least 80% of its assets in Canadian securities provides targeted exposure to the Canadian economy. The fund's gross margin of 37.4% indicates efficient management and profitability. Upcoming growth catalysts include potential increases in Canadian market valuations and strategic allocation shifts within the fund. However, potential risks include fluctuations in the Canadian dollar and economic downturns in Canada. The fund's beta of 0.87 suggests lower volatility compared to the broader market.
Based on FMP financials and quantitative analysis
FICDX Key Highlights
- Market Cap: $1.16B, reflecting the fund's significant size and investor confidence.
- Profit Margin: 5.1%, indicating the fund's ability to generate profit from its investments.
- Gross Margin: 37.4%, showcasing efficient management of investment costs.
- Beta: 0.87, suggesting lower volatility compared to the broader market, making it a potentially stable investment.
- Dividend Yield: 5.42%, offering a substantial income stream for investors.
Who Are FICDX's Competitors?
FICDX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AOD Abrdn Total Dynamic Dividend Fund | $10.40 | +0.63% | $1.10B | 68 |
| EACAX Eaton Vance California Municipal Opportunities Fund | $10.19 | +0.10% | $1.07B | 50 |
| FANIX Fidelity Advisor Energy Fund | $51.78 | +1.63% | $894.92M | 46 |
| FIEUX Fidelity Europe Fund | $50.49 | +1.20% | $987.58M | 46 |
| FJPNX Fidelity Japan Fund | $24.53 | +0.41% | $1.10B | 44 |
| NXDT NexPoint Diversified Real Estate Trust | $5.53 | +3.08% | $285.77M | 73 |
| GENB Generate Biomedicines, Inc. | $17.03 | -2.18% | $2.18B | 72 |
| SII Sprott Inc. | $118.11 | +2.72% | $3.05B | 71 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FICDX's Key Strengths?
- Strong brand recognition of Fidelity Investments.
- Disciplined investment approach based on fundamental analysis.
- Experienced management team with expertise in Canadian markets.
- Diversified portfolio across various sectors of the Canadian economy.
What Are FICDX's Weaknesses?
- Exposure to fluctuations in the Canadian dollar.
- Dependence on the performance of the Canadian economy.
- Potential for underperformance compared to benchmark indices.
- Limited investment flexibility due to focus on Canadian securities.
What Could Drive FICDX Stock Higher?
- Potential increases in Canadian market valuations.
- Strategic asset allocation shifts within the fund.
- Expansion of sustainable investing in Canada.
- Technological advancements in asset management.
- Increased foreign investment in Canada.
What Are the Key Risks for FICDX?
- Financial-distress signal — its Altman Z-Score of -0.34 sits in the distress zone (elevated bankruptcy risk).
- Fluctuations in the Canadian dollar.
- Economic downturn in Canada.
- Increased competition from other asset managers.
- Changes in Canadian regulations and tax laws.
- Geopolitical risks affecting the Canadian economy.
What Are the Growth Opportunities for FICDX?
- Increased Canadian Market Valuations: The Canadian stock market has the potential for increased valuations due to factors such as rising commodity prices and infrastructure spending. FICDX, with its focus on Canadian securities, is well-positioned to benefit from this growth. The Canadian infrastructure market is projected to reach $48 billion by 2028, driven by government investments in transportation and renewable energy projects. As Canadian companies involved in these sectors grow, FICDX's investments in these companies could yield substantial returns.
- Strategic Asset Allocation Shifts: FICDX has the flexibility to adjust its asset allocation based on market conditions and economic forecasts. By strategically shifting investments between different sectors and asset classes within the Canadian market, the fund can optimize its returns. For example, shifting towards technology or healthcare sectors, which are experiencing rapid growth, could enhance the fund's overall performance. The Canadian technology sector is expected to grow at an annual rate of 8% over the next five years, presenting opportunities for FICDX to capitalize on this expansion.
- Expansion of Sustainable Investing: There is a growing demand for sustainable and responsible investing, and FICDX can capitalize on this trend by incorporating ESG (Environmental, Social, and Governance) factors into its investment decisions. By focusing on companies with strong ESG profiles, FICDX can attract socially conscious investors and potentially enhance its long-term performance. Sustainable investing in Canada is projected to reach $500 billion by 2027, indicating a significant market opportunity for FICDX.
- Technological Advancements in Asset Management: The asset management industry is undergoing a digital transformation, and FICDX can leverage technological advancements to improve its investment processes and enhance its client experience. By adopting AI-powered analytics and robo-advisory platforms, FICDX can gain a competitive edge and attract a new generation of investors. The adoption of AI in asset management is expected to increase by 30% annually over the next three years, highlighting the importance of technological innovation in the industry.
- Increased Foreign Investment in Canada: Canada is an attractive destination for foreign investment due to its stable political environment, strong economy, and abundant natural resources. FICDX can benefit from increased foreign investment in Canadian companies by investing in these companies and participating in their growth. Foreign direct investment in Canada is projected to increase by 10% annually over the next five years, driven by investments in sectors such as energy, technology, and infrastructure.
What Opportunities Does FICDX Have?
- Increasing demand for Canadian equities from global investors.
- Growth in the Canadian economy driven by natural resources and infrastructure development.
- Expansion of sustainable investing in Canada.
- Technological advancements in asset management.
What Threats Does FICDX Face?
- Economic downturn in Canada.
- Increased competition from other asset managers.
- Changes in Canadian regulations and tax laws.
- Geopolitical risks affecting the Canadian economy.
What Are FICDX's Competitive Advantages?
- Established brand reputation of Fidelity Investments.
- Extensive experience in asset management.
- Disciplined investment approach based on fundamental analysis.
What Does FICDX Do?
Fidelity Canada Fund (FICDX) is a financial services fund managed by Fidelity Investments. The fund's primary objective is to achieve long-term capital appreciation by investing predominantly in the securities of Canadian issuers and other investments that are economically linked to Canada. While its focus remains on the Canadian market, the fund retains the flexibility to invest in securities of U.S. issuers as well. The fund's investment strategy revolves around fundamental analysis, where factors such as the financial condition and industry position of each issuer, coupled with broader market and economic conditions, are meticulously evaluated to inform investment decisions. FICDX primarily invests in common stocks, reflecting a preference for equity-based investments. To manage concentration risk, the fund has a policy of not investing more than 35% of its total assets in any single industry that constitutes over 20% of the Canadian market. This diversification strategy aims to mitigate potential adverse impacts from sector-specific downturns. The fund's investment approach is designed to provide investors with exposure to the Canadian economy while adhering to a disciplined investment process.
What Products and Services Does FICDX Offer?
- Invests primarily in securities of Canadian issuers.
- Focuses on investments tied economically to Canada.
- Potentially invests in securities of U.S. issuers.
- Primarily invests in common stocks.
- Utilizes fundamental analysis for investment selection.
- Manages industry concentration risk by limiting investments in specific sectors.
How Does FICDX Make Money?
- Generates revenue through investment management fees.
- Aims to achieve long-term capital appreciation for investors.
- Selects investments based on fundamental analysis of financial and economic factors.
What Industry Does FICDX Operate In?
Fidelity Canada Fund (FICDX) operates within the asset management industry, which is characterized by intense competition and evolving regulatory landscapes. The Canadian market, where FICDX primarily invests, is influenced by global economic trends, commodity prices, and domestic fiscal policies. The fund competes with other asset managers offering Canadian equity exposure. Key industry trends include the increasing demand for sustainable and responsible investing, as well as the growing adoption of digital technologies in investment management. FICDX's focus on fundamental analysis and Canadian securities positions it within a specific niche of the broader asset management market.
Who Are FICDX's Key Customers?
- Individual investors seeking exposure to the Canadian market.
- Institutional investors looking for diversified investment options.
- Retirement savers seeking long-term capital appreciation.
How Fidelity Canada Fund Is Valued
Relative to its peer group, FICDX's quantitative score of 48/100 is roughly in line with the peer average of 51/100.
F-Score 7/9Financial Health
Fidelity Canada Fund's Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of -0.34 places it in the distress zone, a signal of elevated financial risk.
FICDX Financials
Bull Case vs Bear Case
Bull Case
- Strong brand recognition of Fidelity Investments.
- Disciplined investment approach based on fundamental analysis.
- Experienced management team with expertise in Canadian markets.
- Diversified portfolio across various sectors of the Canadian economy.
Bear Case
- Exposure to fluctuations in the Canadian dollar.
- Dependence on the performance of the Canadian economy.
- Potential for underperformance compared to benchmark indices.
- Limited investment flexibility due to focus on Canadian securities.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
FICDX Latest News
No recent news available for FICDX.
FICDX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FICDX.
Price Targets
Wall Street price target analysis for FICDX.
FICDX MoonshotScore
What does this score mean?
The MoonshotScore rates FICDX's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Robert J. Haber
Unknown
Information about Robert J. Haber's background is not available in the provided data. Without additional context, it is impossible to provide a detailed career history, education, or previous roles.
Track Record: Information about Robert J. Haber's track record is not available in the provided data. Without additional context, it is impossible to provide key achievements, strategic decisions, or company milestones under their leadership.
FICDX Financial Services Stock FAQ
What does Fidelity Canada Fund do?
Fidelity Canada Fund (FICDX) is designed to provide investors with exposure to the Canadian equity market. It primarily invests in the securities of Canadian issuers and other investments that are economically tied to Canada. The fund employs a fundamental analysis approach to select investments, considering factors such as the financial condition and industry position of each issuer, as well as broader market and economic conditions. By focusing on Canadian securities, FICDX aims to provide long-term capital appreciation for its investors, while managing industry concentration risk.
What are the main risks for FICDX?
Fidelity Canada Fund (FICDX) faces several risks inherent to its investment strategy and the Canadian market. Fluctuations in the Canadian dollar can impact the fund's returns, particularly for international investors. An economic downturn in Canada could negatively affect the performance of Canadian companies and, consequently, the fund's investments. Increased competition from other asset managers offering similar Canadian equity exposure could put pressure on fees and returns. Changes in Canadian regulations and tax laws could also impact the fund's operations and profitability. Geopolitical risks affecting the Canadian economy represent another potential threat.
How sensitive is FICDX to interest rate changes in Canada?
FICDX's sensitivity to interest rate changes in Canada is indirect, primarily affecting the valuations of the companies in which it invests. Higher interest rates can lead to increased borrowing costs for Canadian companies, potentially impacting their profitability and growth prospects. This, in turn, could negatively affect the fund's returns. Conversely, lower interest rates can stimulate economic growth and boost corporate earnings, benefiting the fund's investments. The fund's management team monitors interest rate trends and adjusts its asset allocation accordingly to mitigate potential risks and capitalize on opportunities.
What is Fidelity Canada Fund's approach to managing concentration risk within the Canadian market?
Fidelity Canada Fund (FICDX) manages concentration risk within the Canadian market through diversification and sector limitations. The fund invests across various sectors of the Canadian economy, aiming to reduce its exposure to any single industry. It also has a policy of not investing more than 35% of its total assets in any industry that accounts for more than 20% of the Canadian market. This diversification strategy helps to mitigate potential adverse impacts from sector-specific downturns and ensures that the fund's performance is not overly reliant on the performance of a single industry.
What are the key factors to evaluate for FICDX?
Fidelity Canada Fund (FICDX) holds an AI score of 48/100 (low). Not financial advice.
How frequently does FICDX data refresh on this page?
FICDX prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven FICDX's recent stock price performance?
Fidelity Canada Fund (FICDX) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong brand recognition of Fidelity Investments. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FICDX overvalued or undervalued right now?
Valuing Fidelity Canada Fund (FICDX) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending for FICDX, which may provide further insights.
- Information about Robert J. Haber's background and track record is limited.