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Fidelity Premium Fixed Income Private Pool Class Series B

Canadian Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(02-06-2025)
$12.09
Change
-$0.02 (-0.14%)

As at December 31, 2024

As at September 30, 2024

Period
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Legend

Fidelity Premium Fixed Income Private Pool Class Series B

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Fund Returns

Inception Return (September 22, 2010): 1.97%

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 -0.49% -0.07% 4.23% 3.83% 3.83% 4.94% -1.21% -1.61% 0.28% 1.31% 1.16% 1.27% 1.26% 1.35%
Benchmark -0.52% -0.10% 4.43% 4.10% 4.10% 5.24% -0.65% -1.17% 0.71% 1.73% 1.67% 1.79% 1.77% 1.95%
Category Average -0.80% -0.33% 4.11% 3.68% 3.68% 4.91% -1.12% -1.54% 0.33% 1.29% 1.06% 1.17% 1.22% 1.20%
Category Rank 106 / 665 379 / 660 455 / 643 461 / 627 461 / 627 435 / 602 463 / 587 417 / 557 389 / 526 333 / 496 302 / 449 274 / 423 253 / 378 221 / 344
Quartile Ranking 1 3 3 3 3 3 4 3 3 3 3 3 3 3

Monthly Return

Monthly Return
Return % Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Fund -1.29% -0.36% 0.41% -1.93% 1.70% 1.12% 2.08% 0.41% 1.77% -1.07% 1.50% -0.49%
Benchmark -1.36% -0.40% 0.48% -1.95% 0.00% 2.98% 2.14% 0.52% 1.82% -1.07% 1.51% -0.52%

Best Monthly Return Since Inception

4.30% (January 2015)

Worst Monthly Return Since Inception

-4.20% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 2.21% 1.20% 2.04% 0.26% 6.60% 8.22% -2.82% -12.44% 6.06% 3.83%
Benchmark 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38% 4.10%
Category Average 1.07% 1.60% 1.96% -0.34% 6.21% 8.18% -2.79% -12.16% 6.16% 3.68%
Quartile Ranking 3 3 2 3 2 3 3 3 3 3
Category Rank 188/ 344 275/ 378 186/ 423 302/ 449 200/ 496 331/ 526 342/ 557 432/ 587 434/ 602 461/ 627

Best Calendar Return (Last 10 years)

8.22% (2020)

Worst Calendar Return (Last 10 years)

-12.44% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 52.22
Canadian Corporate Bonds 42.70
Cash and Equivalents 4.54
Mortgages 0.45
Foreign Government Bonds 0.15
Other -0.06

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 95.54
Cash and Cash Equivalent 4.53
Other -0.07

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.92
Europe 0.15
Other -0.07

Top Holdings

Top Holdings
Name Percent
Canada Government 3.25% 01-Sep-2028 -
Canada Government 1.50% 01-Dec-2031 -
Canada Government 1.50% 01-Jun-2031 -
Canada Government 2.75% 01-Jun-2033 -
Canada Housing Trust No 1 3.55% 15-Sep-2032 -
Canada Government 3.00% 01-Jun-2034 -
Ontario Province 3.75% 02-Jun-2032 -
Canada Government 4.00% 01-Mar-2029 -
Canada Housing Trust No 1 3.95% 15-Jun-2028 -
Canada Government 1.25% 01-Dec-2047 -

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Fidelity Premium Fixed Income Private Pool Class Series B

Median

Other - Canadian Fixed Income

3 Yr Annualized

Standard Deviation 7.11% 6.69% 5.42%
Beta 0.99% 1.01% 0.98%
Alpha -0.01% 0.00% -0.01%
Rsquared 0.95% 0.95% 0.95%
Sharpe -0.65% -0.27% -0.03%
Sortino -0.73% -0.50% -0.38%
Treynor -0.05% -0.02% 0.00%
Tax Efficiency - - 78.73%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 4.65% 7.11% 6.69% 5.42%
Beta 0.77% 0.99% 1.01% 0.98%
Alpha 0.01% -0.01% 0.00% -0.01%
Rsquared 0.75% 0.95% 0.95% 0.95%
Sharpe -0.11% -0.65% -0.27% -0.03%
Sortino 0.28% -0.73% -0.50% -0.38%
Treynor -0.01% -0.05% -0.02% 0.00%
Tax Efficiency 100.00% - - 78.73%

Fund Details

Start Date September 22, 2010
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
FID1491

Investment Objectives

The Pool’s objective is 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 Canadian fixed income securities.

Investment Strategy

The Pool seeks to achieve its investment objective by investing primarily in Canadian equity securities (the "Equity Portfolio") and entering into forward contacts under which it will sell forward the Equity Portfolio in exchange for cash payments equal to the return of an investment in units of Fidelity Canadian Bond Fund, less the costs of the forward contracts and hedging costs.

Portfolio Manager(s)

Name Start Date
Catriona Martin 07-01-2012
Sri Tella 04-01-2015
Fidelity Management & Research Company LLC 02-06-2023

Management and Organization

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

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 150,000
PAC Subsequent 1,000
SWP Allowed Yes
SWP Min Balance 150,000
SWP Min Withdrawal 50

Fees

MER 1.18%
Management Fee 0.95%
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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