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Canadian Fixed Income
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (09-06-2024) |
$7.35 |
|---|---|
| Change |
$0.00
(0.04%)
|
As at July 31, 2024
As at June 30, 2024
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Inception Return (May 09, 2012): 1.70%
| 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% | 4.96% | 2.99% | 1.83% | 6.77% | 2.48% | -2.01% | -1.70% | -0.01% | 1.22% | 1.21% | 0.85% | 1.14% | 1.49% |
| Benchmark | 2.14% | 5.18% | 3.21% | 1.81% | 7.10% | 2.47% | -1.42% | -1.80% | 0.29% | 1.64% | 1.67% | 1.09% | 1.48% | 2.04% |
| Category Average | 2.21% | 3.09% | 3.09% | 1.79% | 6.63% | 2.25% | -1.84% | -1.89% | -0.05% | 1.05% | 1.00% | 0.60% | 0.88% | 1.18% |
| Category Rank | 557 / 647 | 493 / 638 | 519 / 632 | 455 / 631 | 439 / 626 | 382 / 603 | 471 / 582 | 295 / 549 | 334 / 512 | 302 / 476 | 273 / 444 | 237 / 418 | 203 / 366 | 190 / 331 |
| Quartile Ranking | 4 | 4 | 4 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.28% | -2.70% | -0.04% | 4.40% | 3.56% | -1.13% | -0.42% | 0.52% | -1.97% | 1.76% | 1.06% | 2.07% |
| Benchmark | -0.19% | -2.62% | 0.43% | 4.21% | 3.42% | -1.36% | -0.40% | 0.48% | -1.95% | 0.00% | 2.98% | 2.14% |
4.43% (April 2020)
-5.90% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.86% | 0.83% | 2.68% | 2.71% | -0.60% | 8.17% | 7.90% | -2.17% | -13.19% | 6.59% |
| Benchmark | 9.10% | 3.57% | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% |
| Category Average | 7.06% | 1.07% | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% |
| Quartile Ranking | 3 | 4 | 1 | 1 | 4 | 1 | 4 | 2 | 4 | 2 |
| Category Rank | 225/ 319 | 325/ 349 | 81/ 383 | 87/ 428 | 418/ 454 | 24/ 500 | 402/ 530 | 179/ 561 | 557/ 590 | 288/ 606 |
8.17% (2019)
-13.19% (2022)
| Name | Percent |
|---|---|
| Canadian Government Bonds | 49.60 |
| Canadian Corporate Bonds | 30.34 |
| Foreign Corporate Bonds | 9.53 |
| Cash and Equivalents | 3.46 |
| Foreign Bonds - Funds | 3.18 |
| Other | 3.89 |
| Name | Percent |
|---|---|
| Fixed Income | 96.15 |
| Cash and Cash Equivalent | 3.47 |
| Energy | 0.02 |
| Other | 0.36 |
| Name | Percent |
|---|---|
| North America | 94.94 |
| Latin America | 3.06 |
| Europe | 0.71 |
| Asia | 0.10 |
| Multi-National | 0.07 |
| Other | 1.12 |
| Name | Percent |
|---|---|
| Canada Government 3.25% 01-Sep-2028 | - |
| Canada Government 1.50% 01-Jun-2031 | - |
| Fidelity American High Yield Fund Series O | - |
| Canada Government 3.00% 01-Jun-2034 | - |
| High Yield Investments Directly Held | - |
| Canada Government 2.00% 01-Jun-2032 | - |
| Ontario Province 2.80% 02-Jun-2048 | - |
| Canada Government 2.50% 01-Dec-2032 | - |
| Canada Government 1.50% 01-Dec-2031 | - |
| Canada Housing Trust No 1 1.40% 15-Mar-2031 | - |
Fidelity Tactical Fixed Income Fund Series B
Median
Other - Canadian Fixed Income
| Standard Deviation | 7.37% | 7.12% | 5.59% |
|---|---|---|---|
| Beta | 1.02% | 1.05% | 0.98% |
| Alpha | -0.01% | 0.00% | 0.00% |
| Rsquared | 0.93% | 0.89% | 0.88% |
| Sharpe | -0.66% | -0.27% | 0.02% |
| Sortino | -0.85% | -0.51% | -0.33% |
| Treynor | -0.05% | -0.02% | 0.00% |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.36% | 7.37% | 7.12% | 5.59% |
| Beta | 0.91% | 1.02% | 1.05% | 0.98% |
| Alpha | 0.00% | -0.01% | 0.00% | 0.00% |
| Rsquared | 0.86% | 0.93% | 0.89% | 0.88% |
| Sharpe | 0.27% | -0.66% | -0.27% | 0.02% |
| Sortino | 0.94% | -0.85% | -0.51% | -0.33% |
| Treynor | 0.02% | -0.05% | -0.02% | 0.00% |
| Tax Efficiency | 74.94% | - | - | - |
| Start Date | May 09, 2012 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $73 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID797 |
The Fund aims to provide a steady flow of income. It invests primarily in Canadian fixed income securities. The Fund can invest in these securities either directly or indirectly through investments in underlying funds.
To meet the Fund’s objectives, the portfolio management team: Uses the FTSE Canada Universe Bond Index as a guide to structuring the Fund’s portfolio. Allocates the Fund’s assets, either directly or indirectly through investments in underlying funds, among issuers in different market sectors, industries, asset classes, and maturities, based on its view of the relative value of each sector, industry, asset class, or maturity.
| Name | Start Date |
|---|---|
| Jeffrey Moore | 05-09-2012 |
| Catriona Martin | 07-01-2012 |
| Sri Tella | 04-01-2015 |
| Fidelity Management & Research Company LLC | 02-06-2023 |
| 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 | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
| MER | 1.36% |
|---|---|
| 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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