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Fidelity Canadian Asset Allocation Class Series B

Canadian Equity Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(07-21-2025)
$15.29
Change
$0.00 (0.03%)

As at June 30, 2025

As at March 31, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Jul 2008Jan 2010Jul 2011Jan 2013Jul 2014Jan 2016Jul 2017Jan 2019Jul 2020Jan 2022Jul 2023Jan 2025Jul 2022Oct 2022Jan 2023Apr 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Apr 2025Jan 2010Jan 2013Jan 2016Jan 2019Jan 2022Jan 2025Jan…$5,000$10,000$15,000$20,000$25,000$11,000$12,000$13,000$14,000Period

Legend

Fidelity Canadian Asset Allocation Class Series B

Compare Options


Fund Returns

Inception Return (April 18, 2007): 4.96%

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 1.98% 4.73% 4.75% 4.75% 13.19% 11.02% 10.57% 6.02% 8.70% 7.50% 7.01% 6.86% 6.48% 6.00%
Benchmark 2.20% 6.20% 7.93% 7.93% 20.99% 15.39% 13.08% 8.09% 11.08% 9.26% 8.63% 8.55% 8.51% 7.76%
Category Average 1.55% 4.26% 4.66% 4.66% 13.32% 11.07% 10.26% 5.96% 8.87% 6.90% 6.38% 6.13% 6.38% 5.75%
Category Rank 155 / 390 152 / 371 212 / 371 212 / 371 240 / 370 245 / 365 205 / 362 208 / 355 230 / 328 158 / 327 138 / 306 115 / 284 171 / 269 155 / 252
Quartile Ranking 2 2 3 3 3 3 3 3 3 2 2 2 3 3

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 3.55% -0.91% 2.29% 0.96% 5.25% -3.12% 3.41% -0.63% -2.66% -1.15% 3.89% 1.98%
Benchmark 4.94% 1.05% 2.82% 0.37% 5.15% -2.58% 2.89% -0.02% -1.20% -0.27% 4.19% 2.20%

Best Monthly Return Since Inception

8.19% (May 2009)

Worst Monthly Return Since Inception

-10.78% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -0.77% 7.06% 4.90% -3.97% 13.90% 7.83% 15.74% -7.74% 10.23% 12.38%
Benchmark -5.39% 15.95% 7.50% -6.34% 18.83% 6.85% 17.62% -7.12% 10.48% 17.11%
Category Average -2.09% 10.63% 6.12% -6.63% 14.36% 4.77% 15.38% -7.74% 9.70% 12.92%
Quartile Ranking 3 4 4 1 4 2 2 3 2 3
Category Rank 152/ 251 216/ 259 203/ 270 69/ 299 243/ 319 121/ 327 168/ 353 197/ 361 145/ 365 262/ 367

Best Calendar Return (Last 10 years)

15.74% (2021)

Worst Calendar Return (Last 10 years)

-7.74% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 56.39
US Equity 13.94
Canadian Government Bonds 7.27
Foreign Government Bonds 6.45
Canadian Corporate Bonds 5.26
Other 10.69

Sector Allocation

Sector Allocation
Name Percent
Financial Services 21.39
Fixed Income 20.37
Basic Materials 10.22
Industrial Services 9.13
Technology 8.96
Other 29.93

Geographic Allocation

Geographic Allocation
Name Percent
North America 93.21
Asia 4.07
Europe 3.98
Latin America 1.52
Africa and Middle East 0.58

Top Holdings

Top Holdings
Name Percent
iShares 20 Plus Year Treasury Bond ETF (TLT) -
Royal Bank of Canada -
Constellation Software Inc -
Toronto-Dominion Bank -
Fidelity Canadian Money Market Investment Trust O -
Waste Connections Inc -
Agnico Eagle Mines Ltd -
Intact Financial Corp -
Shopify Inc Cl A -
Fairfax Financial Holdings Ltd -

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return78910111213144%6%8%10%12%14%16%18%20%

Fidelity Canadian Asset Allocation Class Series B

Median

Other - Canadian Equity Balanced

3 Yr Annualized

Standard Deviation 9.53% 9.35% 8.74%
Beta 0.89% 0.88% 0.82%
Alpha -0.01% -0.01% 0.00%
Rsquared 0.94% 0.95% 0.94%
Sharpe 0.69% 0.67% 0.51%
Sortino 1.41% 1.00% 0.54%
Treynor 0.07% 0.07% 0.05%
Tax Efficiency 85.95% 84.51% 79.79%
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.50% 9.53% 9.35% 8.74%
Beta 1.06% 0.89% 0.88% 0.82%
Alpha -0.08% -0.01% -0.01% 0.00%
Rsquared 0.92% 0.94% 0.95% 0.94%
Sharpe 1.00% 0.69% 0.67% 0.51%
Sortino 2.02% 1.41% 1.00% 0.54%
Treynor 0.09% 0.07% 0.07% 0.05%
Tax Efficiency 94.92% 85.95% 84.51% 79.79%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A17.917.945.045.00%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A24.024.047.547.50%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A14.814.843.643.60%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A20.520.544.844.80%10%20%30%40%50%60%70%80%90%100%

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 April 18, 2007
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $86

Fund Codes

FundServ Code Load Code Sales Status
FID1230

Investment Objectives

The Fund aims to achieve high total investment return. It seeks a similar return to its underlying fund, which is also managed by Fidelity, by investing substantially all of its assets in units of that fund. The underlying fund aims to achieve high total investment return. It uses an asset allocation approach and invests primarily in a mix of Canadian equity securities, fixed income securities and money market instruments.

Investment Strategy

The strategies described below relate to the Fund and the underlying fund, Fidelity Canadian Asset Allocation Fund. To meet the Fund’s objectives, the portfolio management team of the underlying fund: Follows a neutral mix guideline of approximately 70% equity securities and 30% fixed income securities and money market instruments; Depending on market conditions, may vary the asset mix from the neutral mix if it believes this produces the best overall return.

Portfolio Management

Portfolio Manager

Fidelity Investments Canada ULC

  • Don Newman
  • Hugo Lavallee
  • Geoffrey D. Stein
  • Joe Overdevest
  • Catriona Martin
  • Darren Lekkerkerker
  • David D. Wolf
  • Sri Tella
  • Michael Weaver
  • Harley Lank
Sub-Advisor

-

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 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 2.25%
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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