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Fidelity Canadian Short Term Bond Fund Series B
Cdn Short Term Fixed Inc
Click for more information on Fundata’s FundGrade
FundGrade E
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|
NAVPS (06-18-2026) |
$10.08 |
|---|---|
| Change |
$0.01
(0.12%)
|
As at May 31, 2026
As at March 31, 2026
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Legend
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Fund Returns
Inception Return (January 30, 1995): 3.42%
| 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 | 0.69% | -0.24% | 0.41% | 0.71% | 2.12% | 3.97% | 4.00% | 3.06% | 1.45% | 1.44% | 1.62% | 1.83% | 1.46% | 1.43% |
| Benchmark | 0.74% | -0.10% | 0.81% | 1.09% | 2.98% | 4.83% | 4.74% | 3.70% | 2.12% | 2.00% | 2.27% | 2.49% | 2.13% | 2.08% |
| Category Average | 0.61% | -0.08% | 0.69% | 0.88% | 2.52% | 4.16% | 4.27% | 3.31% | 1.75% | 1.86% | 1.93% | 2.04% | 1.74% | 1.69% |
| Category Rank | 138 / 302 | 264 / 297 | 270 / 292 | 258 / 293 | 240 / 271 | 183 / 243 | 172 / 214 | 172 / 203 | 158 / 191 | 148 / 180 | 136 / 173 | 126 / 167 | 122 / 158 | 110 / 144 |
| Quartile Ranking | 2 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.21% | -0.13% | 0.50% | 0.71% | 0.33% | 0.07% | -0.30% | 0.36% | 0.58% | -0.96% | 0.04% | 0.69% |
| Benchmark | 0.27% | -0.08% | 0.59% | 0.75% | 0.38% | 0.22% | -0.27% | 0.45% | 0.74% | -0.88% | 0.04% | 0.74% |
Best Monthly Return Since Inception
2.79% (February 1995)
Worst Monthly Return Since Inception
-1.99% (March 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.35% | -0.32% | 0.92% | 2.64% | 4.54% | -1.55% | -4.69% | 4.63% | 4.91% | 2.91% |
| Benchmark | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% | 5.71% | 3.77% |
| Category Average | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% | 5.17% | 3.22% |
| Quartile Ranking | 4 | 4 | 3 | 3 | 3 | 4 | 3 | 3 | 4 | 4 |
| Category Rank | 113/ 142 | 110/ 146 | 106/ 162 | 113/ 169 | 111/ 179 | 147/ 185 | 135/ 194 | 133/ 206 | 183/ 224 | 219/ 261 |
Best Calendar Return (Last 10 years)
4.91% (2024)
Worst Calendar Return (Last 10 years)
-4.69% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 49.71 |
| Canadian Government Bonds | 46.82 |
| Cash and Equivalents | 2.42 |
| Foreign Corporate Bonds | 0.96 |
| Foreign Government Bonds | 0.15 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 97.64 |
| Cash and Cash Equivalent | 2.42 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 99.91 |
| Europe | 0.15 |
Top Holdings
| Name | Percent |
|---|---|
| Canada Government 3.50% 01-Sep-2029 | - |
| Canada Government 1.50% 01-Jun-2031 | - |
| Canada Government 3.25% 01-Sep-2028 | - |
| Ontario Province 2.05% 02-Jun-2030 | - |
| Canada Government 4.00% 01-Mar-2029 | - |
| CANADA GOVT 2.75% 01-Sep-2030 | - |
| CANADA HSG TR1 3.20% 15-Jun-2031 | - |
| Ontario Province 2.90% 02-Jun-2028 | - |
| Canada Housing Trust No 1 3.95% 15-Jun-2028 | - |
| Quebec Province 2.75% 01-Sep-2028 | - |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Fidelity Canadian Short Term Bond Fund Series B
Median
Other - Cdn Short Term Fixed Inc
3 Yr Annualized
| Standard Deviation | 2.01% | 2.47% | 2.07% |
|---|---|---|---|
| Beta | 1.02 | 1.02 | 1.02 |
| Alpha | -0.01 | -0.01 | -0.01 |
| Rsquared | 0.99% | 0.99% | 0.96% |
| Sharpe | 0.18 | -0.58 | -0.23 |
| Sortino | 0.80 | -0.75 | -0.90 |
| Treynor | 0.00 | -0.01 | 0.00 |
| Tax Efficiency | 76.83% | 44.35% | 49.54% |
| Volatility |
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|
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Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.66% | 2.01% | 2.47% | 2.07% |
| Beta | 0.98 | 1.02 | 1.02 | 1.02 |
| Alpha | -0.01 | -0.01 | -0.01 | -0.01 |
| Rsquared | 0.99% | 0.99% | 0.99% | 0.96% |
| Sharpe | -0.14 | 0.18 | -0.58 | -0.23 |
| Sortino | -0.63 | 0.80 | -0.75 | -0.90 |
| Treynor | 0.00 | 0.00 | -0.01 | 0.00 |
| Tax Efficiency | 54.29% | 76.83% | 44.35% | 49.54% |
Fund Details
| Start Date | January 30, 1995 |
|---|---|
| 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 |
|---|---|---|
| FID285 |
Investment Objectives
The Fund aims to achieve a high level of current income while protecting capital. It invests primarily in Canadian fixed income securities.
Investment Strategy
To meet the Fund’s objectives, the portfolio management team: Uses the FTSE Canada Short Term Bond Index as a guide to structuring the Fund’s portfolio and selecting investments, and manages the Fund to have an overall interest rate risk similar to that of the index. Allocates the Fund’s assets among issuers in different market sectors, industries, and maturities, based on its view of the relative value of each sector, industry, or maturity.
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 |
CIBC Mellon Trust Company State Street Trust Company Canada |
| Registrar |
Fidelity Investments Canada ULC |
| Distributor |
Fidelity Investments Canada ULC |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 500 |
Fees
| MER | 1.16% |
|---|---|
| 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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