Q: Hi, would appreciate any information and thoughts on this mutual fund. Thank you.
5i Research Answer:
FID665 is a growth focused fund. Fees are 2.23%, quite high vs ETFs. It has $12B in assets. Performance has been decent, 12.62% over 10 years. It lost 9% in 2018 and 17% in 2022. Tech and industrials are its largest sector weightings. It is 55% Canada, 40% US and a mix of other countries. We would give it an OK rating. Not excellent, but a decent fund for a mix of Canada and US securities.