Universal Life Product Overview & Performance

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Special Situations

Currently tracking Fidelity® Special Situations Fund

November 30, 2025

Fund Overview

The underlying fund objective is to achieve long-term capital growth. It invests primarily in equity securities of Canadian companies. It seeks to identify investment opportunities that are believed to represent special situations.

Risk Rating

This fund's risk rating is Medium to High

As of September 30, 2025

Asset Allocation (%)

Asset Percent
Canadian Equity 60.9%
US Equity 25.6%
International Equity 11.2%
Cash and Equivalents 1.2%
Foreign Corporate Bonds 0.7%
Income Trust Units 0.4%

Sector Allocation (%)

Sector Percent
Technology 29.9%
Basic Materials 25.6%
Energy 7.5%
Financial Services 7.0%
Consumer Services 6.9%
Consumer Goods 4.9%
Industrial Goods 4.0%
Industrial Services 4.0%
Real Estate 3.4%
Other 6.8%

Geographic Allocation (%)

Region Percent
North America 88.1%
Asia 6.6%
Europe 3.3%
Africa and Middle East 0.7%
Latin America 0.4%
Other 0.9%

Top 10 Holdings (%)

As of September 30, 2025

Name Percent
Agnico Eagle Mines Ltd
Taiwan Semiconductor Manufactrg Co Ltd - ADR
Celestica Inc
ARC Resources Ltd
Roblox Corp Cl A
Canadian Natural Resources Ltd
Alphabet Inc Cl C
TMX Group Ltd
GALAXY DIGITAL INC A
Ero Copper Corp

Growth of $10,000

As of November 30, 2025

Period:

For the period 11/30/2015 through 11/30/2025 with $10,000 CAD investment, The value of the investment would be $44,372

Calendar Return (%)

As of November 30, 2025

Period 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Fund 31.33 21.31 -15.68 -0.08 56.91 29.69 -13.57 19.49 16.74 8.99

Compound Return (%)

As of November 30, 2025

Period 1 mth 3 mths 6 mths 1 yr 3 yr 5 yr 10 yr
Fund 1.33 13.09 28.15 27.89 24.84 12.95 15.74
Product Current annual LIO admin fee Maximum annual LIO admin fee
Equitable Generations 0.00 % 0.00 %

Other Fund Information

Product Availabilty

Equitable Generations™

Date of Inception:

April 2007

Estimated Management
Expense Ratio (MER)*:

2.42%

Fund Category

Canadian Focused Equity

Portfolio Manager

Fidelity Investments Canada ULC

Investment Style

Equity

Market Capitalization: Large

Fund Style: Growth

Performance Chart

Period:
Special Situations

Summary

For the period 11/30/2015 through 11/30/2025 with $10,000 CAD investment

Total returns performance

343.72% Up

Value of $10,000 investment

$44,371.69  CAD