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Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
2015, 2014
Click for more information on Fundata’s FundGrade
|
NAVPS (03-14-2025) |
$27.46 |
|---|---|
| Change |
$0.23
(0.85%)
|
As at February 28, 2025
As at December 31, 2024
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Inception Return (September 29, 1998): 7.26%
| 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 | -0.16% | 0.93% | 9.14% | 2.86% | 14.16% | 11.02% | 5.60% | 5.97% | 6.66% | 6.84% | 6.25% | 5.83% | 6.25% | 4.89% |
| Benchmark | 0.29% | 0.63% | 7.50% | 2.72% | 16.04% | 11.31% | 6.08% | 6.93% | 7.24% | 7.23% | 7.00% | 6.40% | 7.12% | 5.58% |
| Category Average | 0.27% | 1.03% | 5.97% | 2.65% | 12.56% | 10.01% | 5.15% | 5.65% | 6.18% | 5.93% | 5.35% | 5.06% | 5.66% | 4.37% |
| Category Rank | 376 / 452 | 276 / 452 | 27 / 452 | 165 / 452 | 157 / 446 | 149 / 432 | 218 / 415 | 271 / 392 | 202 / 381 | 159 / 370 | 149 / 360 | 142 / 347 | 194 / 334 | 153 / 301 |
| Quartile Ranking | 4 | 3 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 2 | 2 | 2 | 3 | 3 |
| Return % | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.83% | -1.72% | 1.81% | 0.15% | 2.81% | -0.31% | 2.08% | 0.92% | 4.98% | -1.88% | 3.03% | -0.16% |
| Benchmark | 2.49% | -1.88% | 1.52% | 0.56% | 4.19% | 0.91% | 2.55% | -0.02% | 4.18% | -2.03% | 2.42% | 0.29% |
7.95% (December 1999)
-10.54% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.53% | 5.46% | 4.92% | -3.48% | 14.11% | 9.36% | 10.65% | -9.40% | 8.19% | 13.24% |
| Benchmark | -3.02% | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% | 13.55% |
| Category Average | 0.06% | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% | 11.70% |
| Quartile Ranking | 1 | 4 | 4 | 2 | 2 | 1 | 3 | 4 | 3 | 2 |
| Category Rank | 49/ 301 | 291/ 334 | 264/ 347 | 148/ 358 | 119/ 368 | 36/ 377 | 277/ 392 | 316/ 412 | 266/ 432 | 169/ 446 |
14.11% (2019)
-9.40% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 47.38 |
| Canadian Government Bonds | 18.55 |
| Canadian Corporate Bonds | 12.92 |
| Foreign Corporate Bonds | 9.96 |
| US Equity | 6.30 |
| Other | 4.89 |
| Name | Percent |
|---|---|
| Fixed Income | 42.66 |
| Financial Services | 17.35 |
| Technology | 8.75 |
| Industrial Services | 6.19 |
| Basic Materials | 6.13 |
| Other | 18.92 |
| Name | Percent |
|---|---|
| North America | 98.59 |
| Europe | 0.39 |
| Multi-National | 0.33 |
| Asia | 0.07 |
| Other | 0.62 |
| Name | Percent |
|---|---|
| Fidelity American High Yield Fund Series O | - |
| Royal Bank of Canada | - |
| Constellation Software Inc | - |
| Shopify Inc Cl A | - |
| Brookfield Asset Management Ltd Cl A | - |
| Manulife Financial Corp | - |
| Fairfax Financial Holdings Ltd | - |
| Waste Connections Inc | - |
| Canadian Natural Resources Ltd | - |
| WSP Global Inc | - |
Fidelity Canadian Balanced Fund Series B
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 8.94% | 9.89% | 8.15% |
|---|---|---|---|
| Beta | 0.88% | 0.92% | 0.92% |
| Alpha | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.95% | 0.96% | 0.88% |
| Sharpe | 0.23% | 0.46% | 0.42% |
| Sortino | 0.48% | 0.57% | 0.36% |
| Treynor | 0.02% | 0.05% | 0.04% |
| Tax Efficiency | 89.74% | 85.57% | 76.95% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.01% | 8.94% | 9.89% | 8.15% |
| Beta | 0.93% | 0.88% | 0.92% | 0.92% |
| Alpha | -0.01% | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.87% | 0.95% | 0.96% | 0.88% |
| Sharpe | 1.35% | 0.23% | 0.46% | 0.42% |
| Sortino | 3.53% | 0.48% | 0.57% | 0.36% |
| Treynor | 0.10% | 0.02% | 0.05% | 0.04% |
| Tax Efficiency | 93.98% | 89.74% | 85.57% | 76.95% |
| Start Date | September 29, 1998 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $2,879 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID282 |
The Fund aims to achieve high total investment return. The Fund uses a balanced approach. It invests primarily in a mix of Canadian equity securities, investment grade bonds, high yield securities and money market instruments. 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: Follows a neutral mix guideline of approx. 50% equity securities, 40% investment grade bonds, and 10% high yield securities. Generally keeps the Fund’s asset mix within the following ranges: 40-60% equity securities, 30-50% investment grade bonds, and 0-20% high yield securities. Invests in any kind of equity or fixed income security, or money market instrument, including high yield securities and other lower quality debt securities.
| Portfolio Manager |
Fidelity Investments Canada ULC
|
|---|---|
| Sub-Advisor |
Fidelity Management & Research Company LLC |
| Fund Manager |
Fidelity Investments Canada ULC |
|---|---|
| Custodian |
CIBC Mellon Trust Company State Street Trust Company Canada |
| Registrar |
Fidelity Investments Canada ULC |
| Distributor |
Fidelity Investments Canada ULC |
| 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 | 2.06% |
|---|---|
| Management Fee | 1.70% |
| 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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