Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info

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

Add to My Watchlist

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
(09-19-2025) 		$14.24
Change
$0.01 (0.07%)
Open $14.20
Day Range $14.20 - $14.30
Volume 184,271

As at August 31, 2025

As at June 30, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeMay 2021Sep 2021Jan 2022May 2022Sep 2022Jan 2023May 2023Sep 2023Jan 2024May 2024Sep 2024Jan 2025May 2025Sep 2025Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Mar 2025Apr 2025May 2025Jun 2025Jul 2025Aug 2025Sep 20252021-07-012022-01-012022-07-012023-01-012023-07-012024-01-012024-07-012025-01-012025-07-012025-07-…$10.00$12.00$14.00$8.00$16.00$13.00$15.0005,000,00010,000,0002,000,0004,000,000Period
Created with Highcharts 10.3.3Apr 2021Jul 2021Oct 2021Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2025Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Mar 2025Apr 2025May 2025Jun 2025Jul 2025Aug 2025Sep 20252021-07-012022-01-012022-07-012023-01-012023-07-012024-01-012024-07-012025-01-012025-07-012025-07…0%20%40%-20%60%-5%5%10%15%Period

Legend

Fidelity All-in-One Balanced ETF Series L

Compare Options

Fund Returns

Inception Return (January 21, 2021): 8.77%

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 1.47% 4.05% 3.91% 7.68% 13.97% 16.62% 14.44% 8.17% - - - - - -
Benchmark 1.44% 5.54% 3.60% 6.39% 12.33% 13.68% 12.72% 5.43% 6.67% 7.15% 6.92% 7.30% 6.99% 7.04%
Category Average 1.38% 3.26% 3.26% 5.96% 9.06% 11.17% 9.42% 4.01% 5.93% 5.80% 5.45% 5.52% 5.41% 5.35%
Category Rank 745 / 1,753 1,000 / 1,751 535 / 1,705 261 / 1,703 56 / 1,687 18 / 1,625 16 / 1,568 29 / 1,432 - - - - - -
Quartile Ranking 2 3 2 1 1 1 1 1 - - - - - -

Monthly Return

Created with Highcharts 10.3.3Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25May 25Jun 25Jul 25Aug 25-4%-2%0%2%4%6%
Monthly Return
Return % Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
Fund 2.33% 0.46% 5.22% -2.15% 3.29% 0.33% -1.56% -1.37% 2.85% 1.57% 0.96% 1.47%
Benchmark 2.25% 0.21% 2.87% 0.17% 2.72% -0.03% -2.06% -2.19% 2.47% 2.53% 1.48% 1.44%

Best Monthly Return Since Inception

5.50% (July 2022)

Worst Monthly Return Since Inception

-6.09% (June 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
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 - - - - - - - 588/ 1,487 63/ 1,595 52/ 1,648

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 27.69
International Equity 16.43
Canadian Equity 14.62
Canadian Corporate Bonds 13.91
Canadian Government Bonds 11.03
Other 16.32

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 34.13
Financial Services 11.94
Technology 11.17
Basic Materials 4.33
Energy 4.12
Other 34.31

Geographic Allocation

Geographic Allocation
Name Percent
North America 77.97
Europe 10.78
Asia 5.57
Latin America 0.74
Multi-National 0.26
Other 4.68

Top Holdings

Top Holdings
Name Percent
USD Currency -
BITCOIN -
Microsoft Corp -
Apple Inc -
NVIDIA Corp -
United States Treasury 4.38% 15-May-2034 -
Royal Bank of Canada -
Toronto-Dominion Bank -
Broadcom Inc -
Shopify Inc Cl A -

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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return456789101112132%4%6%8%10%12%14%16%

Fidelity All-in-One Balanced ETF Series L

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 8.38% - -
Beta 1.03% - -
Alpha 0.01% - -
Rsquared 0.84% - -
Sharpe 1.18% - -
Sortino 2.47% - -
Treynor 0.10% - -
Tax Efficiency 95.62% - -
Volatility Volatility rating is 4 on a scale of 1 to 10 - -

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.49% 8.38% - -
Beta 1.04% 1.03% - -
Alpha 0.01% 0.01% - -
Rsquared 0.74% 0.84% - -
Sharpe 1.38% 1.18% - -
Sortino 3.05% 2.47% - -
Treynor 0.10% 0.10% - -
Tax Efficiency 95.79% 95.62% - -

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) -
52 Week High $14.30
52 Week Low $12.07
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

  • Louis Bottari
  • Tom Siwik
  • Dan Glenn
  • Peter Matthew
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 -

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info