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Fidelity Balanced Managed Risk Portfolio - Series A

Global Neutral Balanced

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(10-07-2025)
$13.35
Change
-$0.03 (-0.22%)

As at August 31, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Jan 2024Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2025Jan 2018Jul 2019Jan 2021Jul 2022Jan 2024Jul 2025J…$10,000$12,000$9,000$11,000$13,000Period

Legend

Fidelity Balanced Managed Risk Portfolio - Series A

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Fund Returns

Inception Return (November 16, 2016): 4.68%

Fund Returns
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 1.30% 2.19% -0.02% 3.80% 6.05% 9.76% 7.84% 2.91% 4.39% 4.30% 4.54% 4.79% - -
Benchmark 1.44% 5.54% 3.60% 6.39% 12.33% 13.68% 12.72% 5.43% 6.67% 7.15% 6.92% 7.30% 6.99% 7.04%
Category Average 1.38% 4.13% 3.26% 5.96% 9.06% 11.17% 9.42% 4.01% 5.93% 5.80% 5.45% 5.52% 5.41% 5.35%
Category Rank 1,032 / 1,786 1,687 / 1,784 1,643 / 1,738 1,503 / 1,736 1,555 / 1,720 1,346 / 1,658 1,378 / 1,601 1,225 / 1,464 1,169 / 1,327 1,144 / 1,276 921 / 1,159 788 / 1,030 - -
Quartile Ranking 3 4 4 4 4 4 4 4 4 4 4 4 - -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%
Monthly Return
Return % Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
Fund 1.63% -0.43% 3.17% -2.14% 2.78% 1.01% -1.10% -2.77% 1.74% 0.73% 0.15% 1.30%
Benchmark 2.25% 0.21% 2.87% 0.17% 2.72% -0.03% -2.06% -2.19% 2.47% 2.53% 1.48% 1.44%

Best Monthly Return Since Inception

6.17% (April 2020)

Worst Monthly Return Since Inception

-6.76% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - 6.64% -1.73% 11.22% 6.78% 7.24% -9.46% 5.68% 11.99%
Benchmark 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69% 17.48%
Category Average 2.99% 5.05% 7.69% -3.99% 13.52% 7.16% 9.69% -11.26% 9.53% 12.15%
Quartile Ranking - - 3 2 4 3 4 2 4 3
Category Rank - - 540/ 943 281/ 1,088 931/ 1,201 765/ 1,291 1,097/ 1,377 537/ 1,519 1,549/ 1,628 1,153/ 1,681

Best Calendar Return (Last 10 years)

11.99% (2024)

Worst Calendar Return (Last 10 years)

-9.46% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 21.76
Canadian Equity 19.58
Canadian Government Bonds 19.52
US Equity 16.83
Foreign Government Bonds 6.54
Other 15.77

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 31.16
Financial Services 12.24
Technology 10.16
Consumer Services 6.71
Consumer Goods 6.67
Other 33.06

Geographic Allocation

Geographic Allocation
Name Percent
North America 71.79
Europe 10.06
Multi-National 7.48
Asia 7.26
Latin America 0.91
Other 2.50

Top Holdings

Top Holdings
Name Percent
MSCI EAFE Index Future -
Fidelity Canadian Money Market Investment Trust O -
iShares Gold Trust ETF (IAU) -
Fidelity Convertible Secur Multi-Asset Base Fd O -
Ontario Province 3.50% 02-Jun-2043 -
Quebec Province 2.85% 01-Dec-2053 -
ONTARIO PROV 4.15% 02-Dec-2054 -
Intact Financial Corp -
Toronto-Dominion Bank -
Fairfax Financial Holdings Ltd -

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: L. Average Credit Quality: H.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return0123456789101112130%2%4%6%8%10%12%14%16%

Fidelity Balanced Managed Risk Portfolio - Series A

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 7.22% 7.53% -
Beta 0.89% 0.87% -
Alpha -0.03% -0.01% -
Rsquared 0.84% 0.86% -
Sharpe 0.53% 0.27% -
Sortino 1.12% 0.31% -
Treynor 0.04% 0.02% -
Tax Efficiency 94.05% 87.04% -
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 -

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.38% 7.22% 7.53% -
Beta 0.87% 0.89% 0.87% -
Alpha -0.04% -0.03% -0.01% -
Rsquared 0.71% 0.84% 0.86% -
Sharpe 0.47% 0.53% 0.27% -
Sortino 0.74% 1.12% 0.31% -
Treynor 0.03% 0.04% 0.02% -
Tax Efficiency 86.64% 94.05% 87.04% -

Fund Details

Start Date November 16, 2016
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $151

Fund Codes

FundServ Code Load Code Sales Status
FID5190
FID5254
FID5257

Investment Objectives

The Portfolio aims to achieve long-term capital growth while mitigating the Portfolio’s exposure to market volatility. The Portfolio uses a balanced approach. It invests primarily in a mix of equity and fixed income securities of issuers anywhere in the world. It invests in these securities either directly or indirectly through investments in underlying funds. The Portfolio may also hold cash and other types of securities.

Investment Strategy

To meet the Portfolio’s objectives, the portfolio management team: Follows a neutral mix guideline of approximately 60% equity, and 40% fixed income. May vary the Portfolio’s exposure to equity between approximately 45% and 70%, and fixed income between approximately 30% and 55%. Invests in underlying funds that invest in any kind of equity or fixed income security.

Portfolio Management

Portfolio Manager

Fidelity Investments Canada ULC

  • David D. Wolf
  • David Tulk
  • Edward Lui
  • Howard Lu
  • Brandon Bettencourt
  • Richard Munclinger
  • Mark Lande
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 2.48%
Management Fee 1.95%
Load Front Fee Only
FE Max -
DSC Max 6.00%
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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