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Cdn Corp Fixed Income
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|
NAVPS (12-20-2024) |
$12.80 |
|---|---|
| Change |
$0.06
(0.43%)
|
As at November 30, 2024
As at September 30, 2024
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Inception Return (September 22, 2010): 2.68%
| 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 | 1.58% | 2.97% | 6.35% | 6.39% | 10.09% | 6.74% | 0.86% | 0.27% | 1.45% | 2.67% | 2.08% | 2.31% | 2.44% | 2.14% |
| Benchmark | 1.57% | 3.21% | 6.75% | 7.10% | 10.73% | 7.43% | 1.74% | 0.90% | 2.12% | 3.33% | 2.81% | 2.92% | 3.08% | 3.01% |
| Category Average | 1.53% | 2.97% | 6.56% | 6.85% | 10.38% | 6.77% | 1.45% | 0.53% | 1.66% | 2.75% | - | - | - | - |
| Category Rank | 62 / 106 | 61 / 106 | 77 / 103 | 79 / 95 | 66 / 95 | 63 / 91 | 74 / 84 | 64 / 79 | 60 / 73 | 53 / 72 | 48 / 66 | 41 / 64 | 40 / 58 | 37 / 53 |
| Quartile Ranking | 3 | 3 | 3 | 4 | 3 | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.48% | -0.73% | 0.16% | 0.60% | -1.41% | 1.44% | 0.88% | 1.93% | 0.44% | 1.98% | -0.60% | 1.58% |
| Benchmark | 3.39% | -0.70% | 0.25% | 0.60% | -1.26% | 1.47% | 0.98% | 1.96% | 0.45% | 2.04% | -0.41% | 1.57% |
5.02% (April 2020)
-8.00% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.53% | -0.95% | 3.96% | 3.32% | -0.66% | 8.29% | 7.66% | -1.44% | -11.63% | 7.99% |
| Benchmark | 7.44% | 2.74% | 3.59% | 3.48% | 0.96% | 8.01% | 8.57% | -1.32% | -10.12% | 8.32% |
| Category Average | - | - | - | - | - | 7.34% | 7.62% | -1.82% | -10.25% | 7.57% |
| Quartile Ranking | 2 | 4 | 2 | 2 | 4 | 2 | 3 | 2 | 4 | 3 |
| Category Rank | 20/ 52 | 50/ 53 | 22/ 58 | 19/ 64 | 53/ 66 | 21/ 72 | 54/ 73 | 37/ 79 | 76/ 84 | 46/ 91 |
8.29% (2019)
-11.63% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 83.18 |
| Foreign Corporate Bonds | 8.61 |
| Cash and Equivalents | 3.34 |
| Canadian Government Bonds | 2.69 |
| Foreign Government Bonds | 1.60 |
| Other | 0.58 |
| Name | Percent |
|---|---|
| Fixed Income | 96.60 |
| Cash and Cash Equivalent | 3.35 |
| Energy | 0.06 |
| Utilities | 0.03 |
| Financial Services | 0.02 |
| Other | -0.06 |
| Name | Percent |
|---|---|
| North America | 97.96 |
| Latin America | 1.58 |
| Europe | 0.03 |
| Other | 0.43 |
| Name | Percent |
|---|---|
| Fidelity American High Yield Currency Neut Fd B | - |
| Bell Canada 6.55% 01-May-2029 | - |
| Transcanada Pipelines Ltd 7.90% 15-Apr-2027 | - |
| Telus Corp 4.40% 01-Oct-2042 | - |
| Enbridge Inc 4.24% 27-Aug-2042 | - |
| Bank of Montreal 4.71% 07-Nov-2027 | - |
| IGM Financial Inc 6.65% 13-Dec-2027 | - |
| ENMAX CORP 3.33% 02-Jun-2025 | - |
| SEC LP 5.19% 29-Aug-2033 | - |
| Petroleos Mexicanos 7.69% 23-Jan-2050 | - |
Fidelity Corporate Bond Class Series B
Median
Other - Cdn Corp Fixed Income
| Standard Deviation | 6.56% | 7.11% | 5.48% |
|---|---|---|---|
| Beta | 1.09% | 1.09% | 1.06% |
| Alpha | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.99% | 0.97% | 0.95% |
| Sharpe | -0.38% | -0.08% | 0.12% |
| Sortino | -0.41% | -0.24% | -0.18% |
| Treynor | -0.02% | -0.01% | 0.01% |
| Tax Efficiency | 13.67% | 72.74% | 84.61% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.74% | 6.56% | 7.11% | 5.48% |
| Beta | 1.04% | 1.09% | 1.09% | 1.06% |
| Alpha | -0.01% | -0.01% | -0.01% | -0.01% |
| Rsquared | 1.00% | 0.99% | 0.97% | 0.95% |
| Sharpe | 1.11% | -0.38% | -0.08% | 0.12% |
| Sortino | 3.20% | -0.41% | -0.24% | -0.18% |
| Treynor | 0.05% | -0.02% | -0.01% | 0.01% |
| Tax Efficiency | 100.00% | 13.67% | 72.74% | 84.61% |
| Start Date | September 22, 2010 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Capped |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $6 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID1444 |
The Fund aims to provide a steady flow of income. It seeks a similar return to its underlying fund, which is also managed by Fidelity, by investing substantially all of its assets in units of that fund. The underlying fund aims to provide a steady flow of income by investing primarily in fixed income securities issued by Canadian and foreign companies. Currently, the underlying fund is Fidelity Corporate Bond Fund.
The strategies below relate to the Fund and the underlying fund, Fidelity Corporate Bond Fund. To meet the Fund’s objectives, the portfolio management team of the underlying fund: Uses the FTSE Canada All Corporate Bond Index as a guide to structuring the Fund’s portfolio and selecting investments, and manages the Fund to have an overall interest rate that is similar to the index.
| Name | Start Date |
|---|---|
| Catriona Martin | 06-03-2013 |
| Sri Tella | 03-22-2017 |
| Fund Manager | Fidelity Investments Canada ULC |
|---|---|
| Advisor | Fidelity Investments Canada ULC |
| Custodian | State Street Trust Company Canada |
| Registrar | Fidelity Investments Canada ULC |
| Distributor | - |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
| MER | 1.35% |
|---|---|
| Management Fee | 1.00% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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