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Fidelity U.S. Monthly Income Currency Neutral Fund Series B
Global Neutral Balanced
Click for more information on Fundata’s FundGrade
FundGrade D
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-10-2026) |
$17.66 |
|---|---|
| Change |
$0.00
(0.00%)
|
As at June 30, 2026
As at March 31, 2026
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Legend
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Fund Returns
Inception Return (May 28, 2014): 4.42%
| 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 | 0.66% | 4.42% | 5.85% | 5.85% | 11.47% | 9.47% | 8.99% | 7.56% | 3.81% | 6.49% | 5.13% | 5.18% | 4.78% | 4.90% |
| Benchmark | 2.26% | 10.26% | 9.92% | 9.92% | 17.43% | 15.00% | 14.69% | 13.77% | 7.96% | 8.39% | 8.32% | 7.94% | 7.96% | 8.11% |
| Category Average | 1.07% | 7.13% | 7.03% | 7.03% | 13.42% | 11.83% | 11.29% | 10.43% | 5.92% | 7.48% | 6.60% | 6.30% | 6.09% | 6.28% |
| Category Rank | 1,571 / 1,779 | 1,642 / 1,769 | 1,427 / 1,752 | 1,427 / 1,752 | 1,360 / 1,730 | 1,443 / 1,656 | 1,476 / 1,591 | 1,507 / 1,551 | 1,334 / 1,410 | 1,037 / 1,283 | 1,125 / 1,233 | 962 / 1,106 | 875 / 978 | 791 / 884 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.60% | 1.59% | 1.50% | 0.47% | 0.95% | 0.10% | 2.06% | 2.99% | -3.57% | 3.38% | 0.35% | 0.66% |
| Benchmark | 1.48% | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% | 3.53% | 4.15% | 2.26% |
Best Monthly Return Since Inception
6.84% (November 2020)
Worst Monthly Return Since Inception
-11.51% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 8.16% | 6.53% | -6.47% | 15.45% | 4.41% | 11.69% | -12.29% | 6.61% | 7.59% | 9.30% |
| Benchmark | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% | 10.42% |
| Category Average | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% | 9.84% |
| Quartile Ranking | 1 | 3 | 4 | 1 | 4 | 1 | 3 | 4 | 4 | 3 |
| Category Rank | 115/ 838 | 538/ 911 | 975/ 1,055 | 160/ 1,171 | 1,013/ 1,260 | 332/ 1,344 | 1,082/ 1,486 | 1,431/ 1,572 | 1,547/ 1,620 | 961/ 1,674 |
Best Calendar Return (Last 10 years)
15.45% (2019)
Worst Calendar Return (Last 10 years)
-12.29% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 38.88 |
| Foreign Corporate Bonds | 30.54 |
| Foreign Government Bonds | 14.74 |
| International Equity | 6.40 |
| Cash and Equivalents | 3.60 |
| Other | 5.84 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 47.56 |
| Financial Services | 8.20 |
| Real Estate | 6.71 |
| Technology | 6.43 |
| Healthcare | 5.48 |
| Other | 25.62 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 85.66 |
| Europe | 5.57 |
| Latin America | 3.36 |
| Asia | 2.02 |
| Africa and Middle East | 1.14 |
| Other | 2.25 |
Top Holdings
| Name | Percent |
|---|---|
| Fidelity U.S. Money Market Investment Trust O | - |
| Exxon Mobil Corp | - |
| iShares Gold Trust ETF (IAU) | - |
| JPMorgan Chase & Co | - |
| Alphabet Inc Cl A | - |
| Johnson & Johnson | - |
| United States Treasury 4.25% 30-Jun-2031 | - |
| Linde PLC | - |
| Gilead Sciences Inc | - |
| Wells Fargo & Co | - |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Fidelity U.S. Monthly Income Currency Neutral Fund Series B
Median
Other - Global Neutral Balanced
3 Yr Annualized
| Standard Deviation | 7.61% | 9.08% | 8.94% |
|---|---|---|---|
| Beta | 0.82 | 0.89 | 0.88 |
| Alpha | -0.03 | -0.03 | -0.02 |
| Rsquared | 0.58% | 0.67% | 0.52% |
| Sharpe | 0.71 | 0.13 | 0.37 |
| Sortino | 1.22 | 0.17 | 0.33 |
| Treynor | 0.07 | 0.01 | 0.04 |
| Tax Efficiency | 84.38% | 53.56% | 59.49% |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.09% | 7.61% | 9.08% | 8.94% |
| Beta | 0.57 | 0.82 | 0.89 | 0.88 |
| Alpha | 0.02 | -0.03 | -0.03 | -0.02 |
| Rsquared | 0.49% | 0.58% | 0.67% | 0.52% |
| Sharpe | 1.44 | 0.71 | 0.13 | 0.37 |
| Sortino | 2.11 | 1.22 | 0.17 | 0.33 |
| Treynor | 0.15 | 0.07 | 0.01 | 0.04 |
| Tax Efficiency | 88.40% | 84.38% | 53.56% | 59.49% |
Fund Details
| Start Date | May 28, 2014 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID2697 |
Investment Objectives
The Fund aims to achieve a combination of a steady flow of income and the potential for capital gains. 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 achieve a combination of a steady flow of income and the potential for capital gains by investing primarily in a mix of U.S. income-producing securities.
Investment Strategy
The strategies described below relate to the Fund and the underlying fund, Fidelity U.S. Monthly Income Fund. To meet the Fund’s objectives, the portfolio management team of the underlying fund: Follows a neutral mix guideline of approximately 50% equity securities and 50% fixed income securities. Depending on market conditions, may vary the asset mix by up to +/- 20% from the neutral mix if it believes this produces the best overall return.
Portfolio Management
| Portfolio Manager |
Fidelity Investments Canada ULC
|
|---|---|
| Sub-Advisor |
Fidelity Management & Research Company LLC
|
Management and Organization
| Fund Manager |
Fidelity Investments Canada ULC |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
Fidelity Investments Canada ULC |
| Distributor |
- |
Investment Minimums
| 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 |
Fees
| MER | 2.24% |
|---|---|
| Management Fee | 1.80% |
| 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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