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Fidelity Climate Leadership Balanced Fund Series A
Global Neutral Balanced
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-03-2026) |
$12.22 |
|---|---|
| Change |
$0.10
(0.81%)
|
As at May 31, 2026
As at March 31, 2026
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Legend
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Fund Returns
Inception Return (May 18, 2021): 5.96%
| 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 | 1.60% | -2.31% | 7.20% | 6.31% | 15.59% | 11.02% | 13.23% | 10.45% | 5.70% | - | - | - | - | - |
| Benchmark | 4.15% | 4.24% | 6.13% | 7.49% | 17.74% | 14.74% | 14.02% | 11.92% | 8.11% | 8.14% | 8.14% | 7.77% | 7.25% | 7.84% |
| Category Average | 2.60% | 2.28% | 5.38% | 5.90% | 14.32% | 11.64% | 11.45% | 8.71% | 6.06% | 7.52% | 6.76% | 6.24% | 5.81% | 6.18% |
| Category Rank | 1,611 / 1,776 | 1,760 / 1,773 | 364 / 1,756 | 849 / 1,757 | 765 / 1,733 | 1,138 / 1,652 | 448 / 1,581 | 412 / 1,553 | 1,022 / 1,394 | - | - | - | - | - |
| Quartile Ranking | 4 | 4 | 1 | 2 | 2 | 3 | 2 | 2 | 3 | - | - | - | - | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.88% | 0.82% | -0.37% | 1.92% | 1.99% | 0.39% | 0.83% | 5.04% | 3.60% | -6.13% | 2.43% | 1.60% |
| Benchmark | 2.53% | 1.48% | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% | 3.53% | 4.15% |
Best Monthly Return Since Inception
7.18% (July 2022)
Worst Monthly Return Since Inception
-6.31% (June 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | -19.34% | 16.75% | 11.28% | 11.07% |
| Benchmark | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% | 10.42% |
| Category Average | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% | 9.84% |
| Quartile Ranking | - | - | - | - | - | - | 4 | 1 | 4 | 2 |
| Category Rank | - | - | - | - | - | - | 1,487/ 1,489 | 14/ 1,576 | 1,278/ 1,624 | 609/ 1,679 |
Best Calendar Return (Last 10 years)
16.75% (2023)
Worst Calendar Return (Last 10 years)
-19.34% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 29.88 |
| Canadian Equity | 18.78 |
| International Equity | 16.11 |
| US Equity | 15.13 |
| Cash and Equivalents | 9.91 |
| Other | 10.19 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 39.16 |
| Industrial Goods | 23.82 |
| Cash and Cash Equivalent | 9.91 |
| Technology | 6.87 |
| Basic Materials | 6.68 |
| Other | 13.56 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 67.55 |
| Europe | 28.75 |
| Latin America | 1.60 |
| Asia | 0.67 |
| Africa and Middle East | 0.51 |
| Other | 0.92 |
Top Holdings
| Name | Percent |
|---|---|
| Fidelity U.S. Money Market Investment Trust O | - |
| US 10YR ULTRA FUT JUN26 UXYM6 | - |
| Teledyne Technologies Inc | - |
| US 5YR NOT (CBT) FT JUN26 FVM6 | - |
| Westinghouse Air Brake Techs Corp | - |
| Sandvik AB | - |
| Canadian Pacific Railway Ltd | - |
| Epiroc AB Cl B | - |
| Sulzer AG Cl N | - |
| Computer Modelling Group Ltd | - |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Fidelity Climate Leadership Balanced Fund Series A
Median
Other - Global Neutral Balanced
3 Yr Annualized
| Standard Deviation | 9.21% | 11.04% | - |
|---|---|---|---|
| Beta | 1.02 | 1.13 | - |
| Alpha | -0.01 | -0.03 | - |
| Rsquared | 0.60% | 0.73% | - |
| Sharpe | 1.01 | 0.29 | - |
| Sortino | 1.82 | 0.42 | - |
| Treynor | 0.09 | 0.03 | - |
| Tax Efficiency | 92.46% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 9.53% | 9.21% | 11.04% | - |
| Beta | 0.87 | 1.02 | 1.13 | - |
| Alpha | 0.00 | -0.01 | -0.03 | - |
| Rsquared | 0.47% | 0.60% | 0.73% | - |
| Sharpe | 1.33 | 1.01 | 0.29 | - |
| Sortino | 1.87 | 1.82 | 0.42 | - |
| Treynor | 0.14 | 0.09 | 0.03 | - |
| Tax Efficiency | 85.53% | 92.46% | - | - |
Fund Details
| Start Date | May 18, 2021 |
|---|---|
| Instrument Type | Mutual Fund (Responsible Investment) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $326 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID7509 | ||
| FID7510 | ||
| FID7511 |
Investment Objectives
The Fund aims to achieve high total investment return. It invests primarily in a mix of equity securities and fixed income securities of issuers anywhere in the world that are believed to reduce the risks, or are expected to benefit from the opportunities, associated with climate-related issues or the global transition to a low carbon economy. When investing in fixed income securities, the Fund places a greater emphasis on investment grade securities.
Investment Strategy
To meet the Fund’s objectives, the portfolio management team: Invests primarily in underlying funds. Currently, the underlying funds are Fidelity Climate Leadership Fund and Fidelity Climate Leadership Bond Fund. Follows a neutral mix guideline of approximately 60% exposure to Fidelity Climate Leadership Fund and 40% exposure to Fidelity Climate Leadership Bond Fund.
Portfolio Management
| Portfolio Manager |
Fidelity Investments Canada ULC
|
|---|---|
| Sub-Advisor |
Fidelity Canada Investment Management FIL Limited
|
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 | - |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 2.42% |
|---|---|
| Management Fee | 1.90% |
| 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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