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Fidelity ClearPath 2040 Portfolio Series B
2040 Target Date Portflio
Click for more information on Fundata’s FundGrade
FundGrade B
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade C
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FundGrade A+® Rating Recipient
2015, 2014
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|
NAVPS (08-14-2026) |
$29.49 |
|---|---|
| Change |
-$0.11
(-0.38%)
|
As at July 31, 2026
As at June 30, 2026
As at July 31, 2026
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Legend
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Fund Returns
Inception Return (November 03, 2005): 7.79%
| 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 | -2.22% | 4.10% | 7.55% | 10.71% | 18.91% | 15.74% | 15.95% | 14.68% | 8.99% | 10.96% | 10.44% | 9.41% | 9.48% | 9.23% |
| Benchmark | -1.52% | 5.86% | 9.09% | 10.73% | 18.17% | 15.58% | 16.60% | 15.38% | 9.94% | 10.95% | 10.76% | 9.98% | 10.29% | 10.03% |
| Category Average | -1.29% | 4.66% | 8.01% | 9.86% | 17.49% | - | - | - | - | - | - | - | - | - |
| Category Rank | 18 / 19 | 15 / 19 | 12 / 18 | 6 / 18 | 6 / 18 | 6 / 16 | 5 / 16 | 3 / 15 | 5 / 11 | - | - | - | - | - |
| Quartile Ranking | 4 | 4 | 3 | 2 | 2 | 2 | 2 | 1 | 2 | - | - | - | - | - |
Monthly Return
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.52% | 4.19% | 1.61% | 0.16% | -0.21% | 2.93% | 3.22% | -4.92% | 5.27% | 4.18% | 2.20% | -2.22% |
| Benchmark | 1.67% | 4.09% | 2.18% | -0.22% | -1.10% | 1.51% | 2.14% | -4.22% | 5.33% | 5.15% | 2.23% | -1.52% |
Best Monthly Return Since Inception
8.92% (November 2020)
Worst Monthly Return Since Inception
-12.73% (September 2008)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 5.35% | 11.85% | -5.37% | 17.90% | 12.80% | 13.57% | -13.31% | 12.80% | 17.91% | 16.01% |
| Benchmark | 3.66% | 11.99% | 0.72% | 16.29% | 12.17% | 11.33% | -12.03% | 15.07% | 21.57% | 13.15% |
| Category Average | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | 3 | 3 | 1 | 1 | 2 |
| Category Rank | - | - | - | - | - | 6/ 11 | 8/ 12 | 3/ 15 | 4/ 16 | 5/ 16 |
Best Calendar Return (Last 10 years)
17.91% (2024)
Worst Calendar Return (Last 10 years)
-13.31% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| International Equity | 36.85 |
| US Equity | 23.68 |
| Canadian Equity | 19.80 |
| Canadian Government Bonds | 7.89 |
| Canadian Corporate Bonds | 3.38 |
| Other | 8.40 |
Sector Allocation
| Name | Percent |
|---|---|
| Technology | 17.08 |
| Financial Services | 16.13 |
| Fixed Income | 15.04 |
| Industrial Goods | 9.35 |
| Mutual Fund | 8.08 |
| Other | 34.32 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 59.61 |
| Europe | 18.82 |
| Asia | 16.88 |
| Latin America | 1.46 |
| Africa and Middle East | 1.09 |
| Other | 2.14 |
Top Holdings
| Name | Percent |
|---|---|
| Fidelity Emerging Markets Fund Series B | - |
| Fidelity International Equity M-Asset Base Fd O | - |
| Fidelity Canadian Bond Multi-Asset Base Fund Ser O | - |
| Fidelity Insights Investment Trust Series O | - |
| Fidelity Cdn Foc Equity Multi-Asset Base Fd Ser O | - |
| BC Gwth MA Base - Ser O | - |
| Fidelity True North Fund Series B | - |
| Fidelity International Growth Multi-Asset Ba Fd O | - |
| Fidelity International Value Multi-Asset Base Fd O | - |
| Fidelity American Disciplined Equity Fund O | - |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Fidelity ClearPath 2040 Portfolio Series B
Median
Other - 2040 Target Date Portflio
3 Yr Annualized
| Standard Deviation | 9.05% | 10.70% | 10.33% |
|---|---|---|---|
| Beta | 1.00 | 1.04 | 1.09 |
| Alpha | -0.01 | -0.01 | -0.02 |
| Rsquared | 0.93% | 0.94% | 0.92% |
| Sharpe | 1.31 | 0.58 | 0.72 |
| Sortino | 2.56 | 0.92 | 0.95 |
| Treynor | 0.12 | 0.06 | 0.07 |
| Tax Efficiency | 91.53% | 88.41% | 88.41% |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 10.12% | 9.05% | 10.70% | 10.33% |
| Beta | 1.00 | 1.00 | 1.04 | 1.09 |
| Alpha | 0.01 | -0.01 | -0.01 | -0.02 |
| Rsquared | 0.93% | 0.93% | 0.94% | 0.92% |
| Sharpe | 1.54 | 1.31 | 0.58 | 0.72 |
| Sortino | 2.59 | 2.56 | 0.92 | 0.95 |
| Treynor | 0.16 | 0.12 | 0.06 | 0.07 |
| Tax Efficiency | 90.07% | 91.53% | 88.41% | 88.41% |
Fundata ESG Metrics
Fundata ESG Score
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Fundata E Score
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Fundata S Score
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Fundata G Score
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
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 | Annual |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID740 |
Investment Objectives
Aims to achieve high total investment return. The Portfolio uses a dynamic 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. From inception, through to its target date in 2040 and for a period of approximately 20 years thereafter, an increasing proportion of the Portfolio’s assets are invested in securities of fixed income funds and money market funds.
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 85% equity and 15% fixed income. 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
|
|---|---|
| Sub-Advisor |
Pyramis Global Advisors LLC Pyramis Global Advisors Trust Company Fidelity International Limited Fidelity Investments Money Management Inc. Fidelity Management and Research (FMR) Company Fidelity Management Trust Company |
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 | 500 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
Fees
| MER | 2.22% |
|---|---|
| Management Fee | 1.85% |
| 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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