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Fidelity All-in-One Balanced ETF Series L (FBAL : NEO)

Global Neutral Balanced

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024, 2023

Click for more information on Fundata’s FundGrade

Close
(06-16-2025)
$13.35
Change
$0.03 (0.23%)
Open $13.43
Day Range $13.30 - $13.43
Volume 323,260

As at May 31, 2025

As at March 31, 2025

Period
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Legend

Fidelity All-in-One Balanced ETF Series L

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Fund Returns

Inception Return (January 21, 2021): 8.30%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 2.85% -0.13% 1.27% 3.49% 14.07% 16.36% 11.93% 8.78% - - - - - -
Benchmark 2.47% -1.84% 0.98% 0.80% 11.81% 12.20% 10.05% 5.83% 6.31% 6.62% 6.42% 6.01% 6.79% 6.61%
Category Average 2.61% 0.46% 0.46% 1.76% 9.03% 10.05% 6.90% 4.09% 6.21% 5.55% 5.13% 4.79% 5.31% 4.62%
Category Rank 625 / 1,812 314 / 1,769 442 / 1,763 100 / 1,768 22 / 1,742 1 / 1,667 10 / 1,621 12 / 1,460 - - - - - -
Quartile Ranking 2 1 2 1 1 1 1 1 - - - - - -

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 0.57% 3.33% 0.21% 2.33% 0.46% 5.22% -2.15% 3.29% 0.33% -1.56% -1.37% 2.85%
Benchmark 1.79% 3.28% -0.07% 2.25% 0.21% 2.87% 0.17% 2.72% -0.03% -2.06% -2.19% 2.47%

Best Monthly Return Since Inception

5.50% (July 2022)

Worst Monthly Return Since Inception

-6.09% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - -9.67% 14.08% 19.43%
Benchmark 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69% 17.48%
Category Average 2.99% 5.05% 7.69% -3.99% 13.52% 7.16% 9.69% -11.26% 9.53% 12.15%
Quartile Ranking - - - - - - - 2 1 1
Category Rank - - - - - - - 596/ 1,555 63/ 1,661 52/ 1,714

Best Calendar Return (Last 10 years)

19.43% (2024)

Worst Calendar Return (Last 10 years)

-9.67% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 28.02
International Equity 16.22
Canadian Equity 13.94
Canadian Corporate Bonds 13.73
Canadian Government Bonds 11.39
Other 16.70

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 35.60
Financial Services 11.27
Technology 9.46
Energy 4.68
Consumer Services 4.39
Other 34.60

Geographic Allocation

Geographic Allocation
Name Percent
North America 78.94
Europe 10.93
Asia 5.43
Latin America 0.64
Multi-National 0.53
Other 3.53

Top Holdings

Top Holdings
Name Percent
BITCOIN -
Apple Inc -
Microsoft Corp -
United States Treasury 4.38% 15-May-2034 -
NVIDIA Corp -
Royal Bank of Canada -
Fidelity Canadian Money Market Investment Trust O -
Procter & Gamble Co -
Toronto-Dominion Bank -
Canada Government 2.00% 01-Dec-2051 -

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Fidelity All-in-One Balanced ETF Series L

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 9.85% - -
Beta 1.10% - -
Alpha 0.01% - -
Rsquared 0.88% - -
Sharpe 0.80% - -
Sortino 1.51% - -
Treynor 0.07% - -
Tax Efficiency 94.71% - -
Volatility Volatility rating is 5 on a scale of 1 to 10 - -

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.89% 9.85% - -
Beta 1.06% 1.10% - -
Alpha 0.01% 0.01% - -
Rsquared 0.76% 0.88% - -
Sharpe 1.26% 0.80% - -
Sortino 3.08% 1.51% - -
Treynor 0.09% 0.07% - -
Tax Efficiency 95.66% 94.71% - -

Fund Details

Start Date January 21, 2021
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $3,249
52 Week High $13.56
52 Week Low $11.78
Annual Dividend $0.19
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure -
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

Fidelity All-in-One Balanced ETF aims to achieve capital growth through total returns by using a strategic asset allocation approach. It invests primarily in Underlying Fidelity ETFs that provide exposure to a diversified portfolio of global equity and fixed income securities.

Investment Strategy

In order to achieve its investment objective, the Sub-advisor of Fidelity All-in-One Balanced ETF generally follows a neutral mix guideline of approximately 59% global equity securities, approximately 39% global fixed income securities, and approximately 2% cryptocurrencies. The portfolio will be rebalanced annually. Additionally, if the portfolio deviates from its neutral mix by greater than 5% between annual rebalances, the portfolio will also be rebalanced.

Portfolio Management

Portfolio Manager

Fidelity Investments Canada ULC

Sub-Advisor

Geode Capital Management, LLC

Management and Organization

Fund Manager

Fidelity Investments Canada ULC

Custodian

State Street Trust Company Canada

Registrar

State Street Trust Company Canada

Distributor

-

Fees

MER 0.40%
Management Fee -

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