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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
(07-23-2025)
$13.66
Change
$0.04 (0.29%)
Open $13.65
Day Range $13.63 - $13.66
Volume 1,322,373

As at June 30, 2025

As at March 31, 2025

Period
Created with Highcharts 10.3.3Closing PriceVolumeAug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Mar 2025Apr 2025May 2025Jun 2025Jul 20252021-07-012022-01-012022-07-012023-01-012023-07-012024-01-012024-07-012025-01-012025-07-012…$12.00$14.00$11.00$13.0002,000,0004,000,000Period
Created with Highcharts 10.3.3Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Mar 2025Apr 2025May 2025Jun 2025Jul 20252021-07-012022-01-012022-07-012023-01-012023-07-012024-01-012024-07-012025-01-010%10%-5%5%15%Period

Legend

Fidelity All-in-One Balanced ETF Series L

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Fund Returns

Inception Return (January 21, 2021): 8.52%

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 1.57% 3.04% 5.11% 5.11% 15.19% 15.83% 14.89% 8.59% - - - - - -
Benchmark 2.53% 2.76% 3.35% 3.35% 12.62% 13.35% 12.58% 5.72% 6.67% 6.88% 6.64% 6.83% 7.12% 7.01%
Category Average 1.87% 3.65% 3.65% 3.65% 10.26% 10.24% 9.45% 4.12% 6.33% 5.50% 5.32% 5.21% 5.52% 4.98%
Category Rank 1,322 / 1,816 702 / 1,771 169 / 1,769 169 / 1,769 30 / 1,749 11 / 1,681 10 / 1,621 12 / 1,478 - - - - - -
Quartile Ranking 3 2 1 1 1 1 1 1 - - - - - -

Monthly Return

Created with Highcharts 10.3.3Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25May 25Jun 25-4%-2%0%2%4%6%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 3.33% 0.21% 2.33% 0.46% 5.22% -2.15% 3.29% 0.33% -1.56% -1.37% 2.85% 1.57%
Benchmark 3.28% -0.07% 2.25% 0.21% 2.87% 0.17% 2.72% -0.03% -2.06% -2.19% 2.47% 2.53%

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 - - - - - - - 596/ 1,554 63/ 1,660 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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return45678910111213142%4%6%8%10%12%14%16%18%

Fidelity All-in-One Balanced ETF Series L

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 8.92% - -
Beta 1.05% - -
Alpha 0.02% - -
Rsquared 0.86% - -
Sharpe 1.16% - -
Sortino 2.49% - -
Treynor 0.10% - -
Tax Efficiency 95.63% - -
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 7.88% 8.92% - -
Beta 1.04% 1.05% - -
Alpha 0.02% 0.02% - -
Rsquared 0.77% 0.86% - -
Sharpe 1.42% 1.16% - -
Sortino 3.38% 2.49% - -
Treynor 0.11% 0.10% - -
Tax Efficiency 96.00% 95.63% - -

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) $3,621
52 Week High $13.69
52 Week Low $11.90
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 -

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