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Canadian Neutral Balanced
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2016, 2015, 2014
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|
NAVPS (05-07-2024) |
$16.66 |
|---|---|
| Change |
$0.04
(0.27%)
|
As at March 31, 2024
As at December 31, 2023
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Inception Return (November 06, 2003): 6.42%
| 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 | 1.95% | 3.11% | 10.04% | 3.11% | 6.88% | 2.02% | 3.43% | 7.72% | 4.81% | 4.95% | 4.13% | 4.33% | 3.88% | 4.34% |
| Benchmark | 2.49% | 3.02% | 11.45% | 3.02% | 8.50% | 2.25% | 4.35% | 8.81% | 5.72% | 5.93% | 5.33% | 5.97% | 4.90% | 5.27% |
| Category Average | 1.87% | 11.41% | 11.41% | 3.77% | 8.76% | 2.37% | 3.43% | 7.70% | 4.72% | 4.57% | 4.21% | 4.68% | 3.79% | 4.24% |
| Category Rank | 240 / 449 | 399 / 449 | 416 / 447 | 399 / 449 | 404 / 438 | 304 / 419 | 299 / 396 | 281 / 385 | 250 / 374 | 216 / 364 | 244 / 351 | 283 / 339 | 226 / 306 | 214 / 294 |
| Quartile Ranking | 3 | 4 | 4 | 4 | 4 | 3 | 4 | 3 | 3 | 3 | 3 | 4 | 3 | 3 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.68% | -2.81% | 0.96% | 0.45% | -0.45% | -2.65% | -0.45% | 4.42% | 2.66% | 0.04% | 1.10% | 1.95% |
| Benchmark | 2.00% | -3.45% | 1.83% | 0.93% | -0.84% | -3.01% | -1.57% | 6.01% | 3.69% | -0.31% | 0.82% | 2.49% |
7.41% (November 2020)
-9.77% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 8.18% | 1.37% | 6.77% | 2.26% | -2.30% | 11.27% | 6.02% | 10.63% | -5.38% | 5.66% |
| Benchmark | 9.98% | -3.02% | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% |
| Category Average | 7.98% | 0.06% | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% |
| Quartile Ranking | 3 | 2 | 3 | 4 | 1 | 4 | 3 | 3 | 1 | 4 |
| Category Rank | 163/ 293 | 115/ 306 | 224/ 338 | 342/ 351 | 56/ 362 | 331/ 372 | 198/ 381 | 281/ 396 | 24/ 416 | 415/ 436 |
11.27% (2019)
-5.38% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 24.42 |
| US Equity | 14.05 |
| Canadian Government Bonds | 13.69 |
| International Equity | 11.99 |
| Canadian Corporate Bonds | 10.53 |
| Other | 25.32 |
| Name | Percent |
|---|---|
| Fixed Income | 38.71 |
| Financial Services | 8.44 |
| Cash and Cash Equivalent | 6.50 |
| Consumer Services | 6.08 |
| Technology | 5.74 |
| Other | 34.53 |
| Name | Percent |
|---|---|
| North America | 77.23 |
| Europe | 7.54 |
| Multi-National | 5.04 |
| Asia | 3.45 |
| Latin America | 1.58 |
| Other | 5.16 |
| Name | Percent |
|---|---|
| Fidelity American High Yield Fund Series O | - |
| Fidelity Canadian Money Market Investment Trust O | - |
| High Yield Investments Directly Held | - |
| Investment Grade CMBS Securities Directly Held | - |
| iShares Gold Trust ETF (IAU) | - |
| United States Treasury 3.63% 31-Mar-2030 | - |
| Alimentation Couche-Tard Inc Cl A | - |
| Rogers Communications Inc Cl B | - |
| United States Treasury 3.63% 15-Feb-2053 | - |
| MSCI EAFE Index Future | - |
Fidelity Monthly Income Fund Series B
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 6.99% | 8.60% | 6.64% |
|---|---|---|---|
| Beta | 0.71% | 0.81% | 0.77% |
| Alpha | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.94% | 0.94% | 0.89% |
| Sharpe | 0.14% | 0.37% | 0.47% |
| Sortino | 0.12% | 0.34% | 0.32% |
| Treynor | 0.01% | 0.04% | 0.04% |
| Tax Efficiency | 49.76% | 65.29% | 71.58% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.16% | 6.99% | 8.60% | 6.64% |
| Beta | 0.74% | 0.71% | 0.81% | 0.77% |
| Alpha | 0.01% | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.97% | 0.94% | 0.94% | 0.89% |
| Sharpe | 0.30% | 0.14% | 0.37% | 0.47% |
| Sortino | 0.90% | 0.12% | 0.34% | 0.32% |
| Treynor | 0.03% | 0.01% | 0.04% | 0.04% |
| Tax Efficiency | 75.71% | 49.76% | 65.29% | 71.58% |
| Start Date | November 06, 2003 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $3,802 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID269 |
The Fund aims to achieve a combination of a steady flow of income and the potential for capital gains. It invests primarily in a mix of Canadian equity securities, Canadian fixed income securities, U.S. commercial mortgage-backed securities, and U.S. higher yielding, lower quality fixed income securities, preferred stocks and convertible 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: Follows a neutral mix guideline of approximately 50% equity securities and 50% fixed income securities, which may be Canadian or foreign. 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. May invest in a wide variety of equity and fixed income securities.
| Name | Start Date |
|---|---|
| Don Newman | 11-06-2003 |
| David Bagnani | 11-06-2003 |
| Harley Lank | 08-01-2007 |
| Daniel Dupont | 09-01-2008 |
| Geoffrey D. Stein | 03-25-2011 |
| Catriona Martin | 04-01-2011 |
| Sri Tella | 03-23-2017 |
| David D. Wolf | 03-23-2017 |
| Fidelity Management & Research Company LLC | 02-06-2023 |
| Fund Manager | Fidelity Investments Canada ULC |
|---|---|
| Advisor | Fidelity Investments Canada ULC |
| Custodian | CIBC Mellon Trust Company |
| Registrar | Fidelity Investments Canada ULC |
| Distributor | Fidelity Investments Canada ULC |
| 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 | 2.07% |
|---|---|
| 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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