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Global Neutral Balanced
Click for more information on Fundata’s FundGrade.
NAVPS (07-31-2025) |
$20.26 |
---|---|
Change |
$0.00
(0.01%)
|
As at June 30, 2025
As at March 31, 2025
Inception Return (October 05, 2009): 5.45%
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 | 2.07% | 4.43% | 5.20% | 5.20% | 10.25% | 10.90% | 9.44% | 4.25% | 7.09% | 6.04% | 5.58% | 5.42% | 5.47% | 4.90% |
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% | 2.93% | 3.65% | 3.65% | 10.26% | 10.24% | 9.45% | 4.13% | 6.33% | 5.50% | 5.32% | 5.21% | 5.52% | 4.98% |
Category Rank | 596 / 1,785 | 116 / 1,739 | 157 / 1,737 | 157 / 1,737 | 1,000 / 1,718 | 751 / 1,650 | 967 / 1,590 | 845 / 1,446 | 485 / 1,320 | 568 / 1,263 | 586 / 1,137 | 511 / 1,014 | 486 / 918 | 451 / 798 |
Quartile Ranking | 2 | 1 | 1 | 1 | 3 | 2 | 3 | 3 | 2 | 2 | 3 | 3 | 3 | 3 |
Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 2.36% | 0.59% | 1.75% | -0.66% | 3.19% | -2.41% | 2.71% | -0.25% | -1.68% | -0.32% | 2.64% | 2.07% |
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% |
8.13% (April 2020)
-12.04% (March 2020)
Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | -2.85% | 8.27% | 7.03% | -6.16% | 14.35% | 8.68% | 9.21% | -10.52% | 10.28% | 11.01% |
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 | 4 | 1 | 2 | 4 | 2 | 2 | 2 | 2 | 2 | 4 |
Category Rank | 748/ 762 | 102/ 869 | 471/ 948 | 984/ 1,087 | 306/ 1,204 | 489/ 1,294 | 668/ 1,380 | 760/ 1,522 | 662/ 1,629 | 1,347/ 1,682 |
14.35% (2019)
-10.52% (2022)
Name | Percent |
---|---|
Canadian Equity | 32.36 |
International Equity | 16.12 |
Foreign Government Bonds | 14.65 |
US Equity | 14.19 |
Canadian Government Bonds | 5.14 |
Other | 17.54 |
Name | Percent |
---|---|
Fixed Income | 28.35 |
Financial Services | 13.07 |
Technology | 9.93 |
Basic Materials | 6.33 |
Consumer Services | 6.29 |
Other | 36.03 |
Name | Percent |
---|---|
North America | 72.73 |
Europe | 12.60 |
Asia | 8.25 |
Multi-National | 2.58 |
Latin America | 1.56 |
Other | 2.28 |
Name | Percent |
---|---|
Fidelity Canadian Money Market Investment Trust O | - |
BROOKFIELD CANADIAN PRIVATE RE | - |
iShares Gold Trust ETF (IAU) | - |
iShares TIPS Bond ETF (TIP) | - |
iShares 20 Plus Year Treasury Bond ETF (TLT) | - |
Royal Bank of Canada | - |
US 10YR NOTE (CBT)JUN25 TYM5 | - |
Fidelity American High Yield Currency Neut Fd B | - |
Agnico Eagle Mines Ltd | - |
Shopify Inc Cl A | - |
Fidelity Balanced Currency Neutral Private Pool Series B
Median
Other - Global Neutral Balanced
Standard Deviation | 8.29% | 8.64% | 8.60% |
---|---|---|---|
Beta | 0.96% | 0.92% | 0.84% |
Alpha | -0.02% | 0.01% | -0.01% |
Rsquared | 0.82% | 0.73% | 0.52% |
Sharpe | 0.65% | 0.55% | 0.40% |
Sortino | 1.31% | 0.78% | 0.35% |
Treynor | 0.06% | 0.05% | 0.04% |
Tax Efficiency | 94.64% | 91.46% | 91.65% |
Volatility |
|
|
|
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 6.49% | 8.29% | 8.64% | 8.60% |
Beta | 0.82% | 0.96% | 0.92% | 0.84% |
Alpha | 0.00% | -0.02% | 0.01% | -0.01% |
Rsquared | 0.71% | 0.82% | 0.73% | 0.52% |
Sharpe | 1.02% | 0.65% | 0.55% | 0.40% |
Sortino | 2.00% | 1.31% | 0.78% | 0.35% |
Treynor | 0.08% | 0.06% | 0.05% | 0.04% |
Tax Efficiency | 97.63% | 94.64% | 91.46% | 91.65% |
Start Date | October 05, 2009 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | Corporation |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Annual |
Assets ($mil) | $74 |
FundServ Code | Load Code | Sales Status |
---|---|---|
FID1067 |
The Pool aims to achieve high total investment return. The Pool uses a balanced approach. It invests primarily in underlying funds. These underlying funds will generally invest in equity and/or fixed income securities. The Pool uses derivatives to try to minimize the exposure to currency fluctuations between developed market foreign currencies (such as the U.S. dollar, the Euro or the Yen) and the Canadian dollar. The Pool may also hedge against other foreign currencies.
To meet the Pool’s objectives, the portfolio management team: Follows a neutral mix guideline of approximately 60% equity, and 40% fixed income and money market instruments; Depending on market conditions, may vary the asset mix by up to +/- 15% from the neutral mix if it believes this produces the best overall return; Uses an asset allocation strategy and invests primarily in underlying funds, including other Fidelity Funds and ETFs, which may include liquid alternative mutual funds.
Portfolio Manager |
Fidelity Investments Canada ULC
|
---|---|
Sub-Advisor |
Fidelity Management & Research Company LLC |
Fund Manager |
Fidelity Investments Canada ULC |
---|---|
Custodian |
State Street Trust Company Canada |
Registrar |
Fidelity Investments Canada ULC |
Distributor |
- |
RSP Eligible | Yes |
---|---|
PAC Allowed | Yes |
PAC Initial Investment | 150,000 |
PAC Subsequent | 1,000 |
SWP Allowed | Yes |
SWP Min Balance | 5,000 |
SWP Min Withdrawal | 50 |
MER | 2.07% |
---|---|
Management Fee | 1.65% |
Load | Back Fee Only |
FE Max | 5.00% |
DSC Max | - |
Trailer Fee Max (FE) | 1.00% |
Trailer Fee Max (DSC) | - |
Trailer Fee Max (NL) | - |
Trailer Fee Max (LL) | - |
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