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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (11-05-2024) |
$12.15 |
|---|---|
| Change |
$0.08
(0.63%)
|
As at September 30, 2024
As at June 30, 2024
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Inception Return (November 01, 2017): 4.36%
| 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 | 1.59% | 3.64% | 5.43% | 12.53% | 21.05% | 15.09% | 3.10% | 5.22% | 5.42% | 4.79% | - | - | - | - |
| Benchmark | 2.25% | 5.52% | 7.56% | 13.77% | 22.16% | 16.11% | 4.86% | 5.75% | 6.55% | 6.63% | 6.88% | 6.53% | 6.81% | 7.54% |
| Category Average | 1.80% | 5.21% | 6.15% | 10.92% | 18.92% | 12.72% | 3.80% | 5.79% | 5.42% | 5.29% | 5.18% | 5.15% | 5.35% | 5.04% |
| Category Rank | 1,294 / 1,710 | 1,612 / 1,709 | 1,374 / 1,678 | 459 / 1,678 | 419 / 1,654 | 259 / 1,617 | 1,091 / 1,471 | 864 / 1,339 | 707 / 1,268 | 785 / 1,163 | - | - | - | - |
| Quartile Ranking | 4 | 4 | 4 | 2 | 2 | 1 | 3 | 3 | 3 | 3 | - | - | - | - |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -1.26% | 5.30% | 3.46% | 1.09% | 3.09% | 2.42% | -2.43% | 2.82% | 1.41% | 0.85% | 1.16% | 1.59% |
| Benchmark | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% |
7.18% (April 2020)
-10.38% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | -6.50% | 14.37% | 9.34% | 7.07% | -15.35% | 11.94% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 7.77% | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% |
| Quartile Ranking | - | - | - | - | 4 | 1 | 2 | 4 | 4 | 1 |
| Category Rank | - | - | - | - | 1,015/ 1,091 | 282/ 1,203 | 402/ 1,285 | 1,068/ 1,370 | 1,429/ 1,507 | 216/ 1,625 |
14.37% (2019)
-15.35% (2022)
| Name | Percent |
|---|---|
| US Equity | 35.08 |
| Foreign Government Bonds | 22.98 |
| International Equity | 17.43 |
| Foreign Corporate Bonds | 14.61 |
| Cash and Equivalents | 7.72 |
| Other | 2.18 |
| Name | Percent |
|---|---|
| Fixed Income | 37.69 |
| Technology | 18.70 |
| Financial Services | 8.46 |
| Cash and Cash Equivalent | 7.71 |
| Healthcare | 6.00 |
| Other | 21.44 |
| Name | Percent |
|---|---|
| North America | 58.73 |
| Europe | 24.71 |
| Asia | 11.99 |
| Latin America | 2.37 |
| Africa and Middle East | 1.11 |
| Other | 1.09 |
| Name | Percent |
|---|---|
| Fidelity Canadian Money Market Investment Trust O | - |
| Meta Platforms Inc Cl A | - |
| NVIDIA Corp | - |
| Germany Government 2.60% 15-Aug-2033 | - |
| United States Treasury 3.63% 31-Mar-2030 | - |
| Fidelity U.S. Money Market Investment Trust O | - |
| Fidelity American High Yield Currency Neut Fd B | - |
| Microsoft Corp | - |
| Amazon.com Inc | - |
| iShares 20 Plus Year Treasury Bond ETF (TLT) | - |
Fidelity Global Asset Allocation Currency Neutral Private Pool Series B
Median
Other - Global Neutral Balanced
| Standard Deviation | 10.10% | 10.54% | - |
|---|---|---|---|
| Beta | 1.02% | 1.12% | - |
| Alpha | -0.02% | -0.02% | - |
| Rsquared | 0.83% | 0.76% | - |
| Sharpe | 0.02% | 0.34% | - |
| Sortino | 0.08% | 0.37% | - |
| Treynor | 0.00% | 0.03% | - |
| Tax Efficiency | 78.47% | 91.56% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.16% | 10.10% | 10.54% | - |
| Beta | 1.00% | 1.02% | 1.12% | - |
| Alpha | -0.01% | -0.02% | -0.02% | - |
| Rsquared | 0.69% | 0.83% | 0.76% | - |
| Sharpe | 2.06% | 0.02% | 0.34% | - |
| Sortino | 5.35% | 0.08% | 0.37% | - |
| Treynor | 0.15% | 0.00% | 0.03% | - |
| Tax Efficiency | 98.14% | 78.47% | 91.56% | - |
| Start Date | November 01, 2017 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $11 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID5955 |
The Pool aims to achieve long-term capital appreciation. The Pool uses an asset allocation approach. It invests primarily in a mix of global equity and fixed income securities. The Pool can invest in these securities either directly or indirectly through investments in underlying funds. The Pool uses derivatives to try to minimize the exposure to currency fluctuations between developed market foreign currencies and the Canadian dollar.
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. Depending on market conditions, the portfolio manager may vary the Pool’s asset mix from the neutral mix if it believes this will produce the best overall return. Generally keeps the Pool’s asset mix within the following ranges: 20% – 70% equity securities and 30% – 80% fixed income securities and money market instruments.
| Name | Start Date |
|---|---|
| Geoffrey D. Stein | 11-01-2017 |
| David D. Wolf | 11-01-2017 |
| Fidelity Management & Research Company LLC | 02-06-2023 |
| Fund Manager | Fidelity Investments Canada ULC |
|---|---|
| Advisor | Fidelity Investments Canada ULC |
| Custodian | State Street Trust Company Canada |
| Registrar | Fidelity Investments Canada ULC |
| Distributor | - |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 2.14% |
|---|---|
| Management Fee | 1.70% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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