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Fidelity ClearPath Income Portfolio Series B

Canadian Fix Inc Balanced

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(04-01-2025)
$13.30
Change
$0.01 (0.11%)

As at February 28, 2025

As at December 31, 2024

Period
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Legend

Fidelity ClearPath Income Portfolio Series B

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Fund Returns

Inception Return (November 03, 2005): 3.52%

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 0.55% 1.95% 4.07% 2.54% 8.74% 6.68% 2.58% 1.57% 2.35% 2.72% 2.41% 2.45% 2.71% 2.13%
Benchmark 0.76% 1.25% 5.61% 2.48% 11.83% 8.40% 3.57% 3.41% 3.51% 4.33% 4.37% 4.02% 4.32% 3.51%
Category Average 0.52% 1.32% 4.90% 2.40% 10.43% 8.07% 3.51% 3.06% 3.41% 3.77% 3.50% 3.30% 3.70% 2.88%
Category Rank 210 / 409 79 / 409 338 / 407 171 / 409 364 / 407 367 / 403 336 / 389 327 / 365 288 / 342 284 / 325 267 / 292 233 / 275 228 / 259 211 / 242
Quartile Ranking 3 1 4 2 4 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
Fund 1.32% -1.04% 1.54% 0.64% 1.82% 0.16% 1.50% -0.73% 1.30% -0.58% 1.99% 0.55%
Benchmark 1.39% -1.91% 0.69% 1.88% 3.07% 0.70% 2.15% -0.59% 2.72% -1.20% 1.71% 0.76%

Best Monthly Return Since Inception

3.57% (November 2022)

Worst Monthly Return Since Inception

-5.54% (September 2008)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 3.27% 1.46% 3.94% -1.52% 6.89% 6.33% 1.37% -9.58% 5.77% 6.30%
Benchmark 0.56% 6.19% 4.30% -1.25% 10.87% 8.35% 3.73% -9.93% 7.79% 8.33%
Category Average 1.24% 4.06% 3.92% -2.19% 9.07% 6.42% 3.91% -9.95% 7.21% 8.35%
Quartile Ranking 2 4 3 2 4 3 4 2 4 4
Category Rank 75/ 242 247/ 252 159/ 275 133/ 288 286/ 312 222/ 341 328/ 364 170/ 380 371/ 402 368/ 406

Best Calendar Return (Last 10 years)

6.89% (2019)

Worst Calendar Return (Last 10 years)

-9.58% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 42.05
Canadian Government Bonds 19.04
Canadian Corporate Bonds 8.93
Canadian Bonds - Funds 7.95
Cash and Equivalents 7.51
Other 14.52

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 37.22
Mutual Fund 32.01
Cash and Cash Equivalent 7.52
Financial Services 4.86
Technology 4.77
Other 13.62

Geographic Allocation

Geographic Allocation
Name Percent
North America 56.92
Multi-National 29.85
Europe 6.12
Asia 4.99
Latin America 0.75
Other 1.37

Top Holdings

Top Holdings
Name Percent
Fid Gl Infla Hdgd - Ser O -
Fidelity Canadian Short Term Bond Fund Series B -
Can Bond MA Base - Ser O -
Fidelity Cdn Real Ret Bd Idx Mult Asset Base Fd O -
Fidelity Canadian Money Market Investment Trust O -
Fidelity Emerging Markets Fund Series B -
Fidelity International Equity M-Asset Base Fd O -
Fidelity International Growth Multi-Asset Ba Fd O -
Intl Val MA Base - Ser O -
Fidelity Canadian Disciplined Equity Fund Ser O -

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Fidelity ClearPath Income Portfolio Series B

Median

Other - Canadian Fix Inc Balanced

3 Yr Annualized

Standard Deviation 5.99% 5.70% 4.52%
Beta 0.73% 0.71% 0.70%
Alpha 0.00% 0.00% 0.00%
Rsquared 0.89% 0.90% 0.85%
Sharpe -0.18% 0.02% 0.12%
Sortino -0.07% -0.12% -0.24%
Treynor -0.01% 0.00% 0.01%
Tax Efficiency 65.61% 66.94% 65.08%
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.62% 5.99% 5.70% 4.52%
Beta 0.59% 0.73% 0.71% 0.70%
Alpha 0.02% 0.00% 0.00% 0.00%
Rsquared 0.77% 0.89% 0.90% 0.85%
Sharpe 1.21% -0.18% 0.02% 0.12%
Sortino 3.01% -0.07% -0.12% -0.24%
Treynor 0.07% -0.01% 0.00% 0.01%
Tax Efficiency 92.06% 65.61% 66.94% 65.08%

Fund Details

Start Date November 03, 2005
Instrument Type Mutual Fund (Wrap Program)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $139

Fund Codes

FundServ Code Load Code Sales Status
FID777

Investment Objectives

The Portfolio aims to achieve a combination of a steady flow of income with the potential for capital gain. The Portfolio uses an asset allocation strategy and invests primarily in underlying funds. These underlying funds generally invest in equity securities, fixed income securities and/or money market instruments. We can’t change the Portfolio’s investment objectives unless we get approval from a majority of unitholders who vote at a special meeting we call

Investment Strategy

To meet the Portfolio’s objectives, the portfolio management team: Invests primarily in underlying funds, including other Fidelity Funds and ETFs. Follows a neutral mix guideline of approximately 21% equity and 52% fixed income, and 27% money market instruments and short-term bonds. Depending on market conditions, may vary the asset mix by up to +/-10% from the neutral mix if it believes this produces the best overall return.

Portfolio Management

Portfolio Manager

Fidelity Investments Canada ULC

  • Andrew Dierdorf
  • Brett F. Sumsion
  • Bruno Crocco
Sub-Advisor

-

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 50

Fees

MER 1.41%
Management Fee 1.10%
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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