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Fidelity Balanced Income Private Pool Trust Series B

Canadian Fix Inc Balanced

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

NAVPS
(05-16-2024)
$10.24
Change
$0.00 (-0.03%)

As at April 30, 2024

As at March 31, 2024

Period
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Legend

Fidelity Balanced Income Private Pool Trust Series B

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Fund Returns

Inception Return (May 18, 2021): 1.92%

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 -1.30% 2.19% 8.78% 2.74% 5.96% 4.02% - - - - - - - -
Benchmark -1.91% -0.39% 7.36% -1.27% 1.47% 1.84% 0.31% 1.64% 2.23% 3.01% 2.60% 3.00% 2.70% 3.22%
Category Average -1.88% 7.70% 7.70% -0.11% 2.53% 2.31% 0.16% 2.04% 1.83% 2.33% 1.97% 2.54% 2.14% 2.52%
Category Rank 67 / 418 17 / 418 92 / 417 18 / 417 44 / 415 74 / 410 - - - - - - - -
Quartile Ranking 1 1 1 1 1 1 - - - - - - - -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -1.95% 0.42% 0.77% 0.15% -2.06% 0.09% 3.83% 1.98% 0.54% 1.68% 1.82% -1.30%
Benchmark -2.45% 0.81% -0.16% -0.48% -2.80% -0.48% 5.03% 3.54% -0.88% 0.16% 1.39% -1.91%

Best Monthly Return Since Inception

3.83% (November 2023)

Worst Monthly Return Since Inception

-4.47% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - -8.50% 7.46%
Benchmark 9.52% 0.56% 6.19% 4.30% -1.25% 10.87% 8.35% 3.73% -9.93% 7.79%
Category Average 6.62% 1.24% 4.06% 3.92% -2.19% 9.07% 6.42% 3.91% -9.95% 7.21%
Quartile Ranking - - - - - - - - 1 2
Category Rank - - - - - - - - 82/ 389 203/ 413

Best Calendar Return (Last 10 years)

7.46% (2023)

Worst Calendar Return (Last 10 years)

-8.50% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 17.47
US Equity 14.19
Canadian Government Bonds 14.10
Foreign Government Bonds 14.06
International Equity 9.66
Other 30.52

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 46.20
Technology 8.62
Financial Services 7.56
Cash and Cash Equivalent 6.89
Basic Materials 4.21
Other 26.52

Geographic Allocation

Geographic Allocation
Name Percent
North America 73.50
Europe 10.53
Asia 7.56
Latin America 2.24
Multi-National 1.86
Other 4.31

Top Holdings

Top Holdings
Name Percent
Fidelity Canadian Money Market Investment Trust O -
iShares Core S&P 500 ETF (IVV) -
iShares 20 Plus Year Treasury Bond ETF (TLT) -
iShares Gold Trust ETF (IAU) -
Fidelity U.S. Money Market Investment Trust O -
United States Treasury 4.63% 15-Oct-2026 -
Canadian Natural Resources Ltd -
Royal Bank of Canada -
Constellation Software Inc -
Canadian National Railway Co -

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating Not Available

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date May 18, 2021
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $103

Fund Codes

FundServ Code Load Code Sales Status
FID7398

Investment Objectives

The Pool aims to achieve a combination of a steady flow of income with the potential for capital gains. The Pool is geared towards income. It invests primarily in underlying funds. These underlying funds will generally invest in fixed income and/or equity securities. We can’t change the Pool’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 Pool’s objectives, the portfolio management team: Follows a neutral mix guideline of approximately 60% fixed income and money market instruments, and 40% equity. Depending on market conditions, may vary the asset mix by up to +/- 15% from the neutral mix if it believes this produces the best overall return. Uses an asset allocation strategy, and invests primarily in underlying funds, including other Fidelity Funds and ETFs.

Portfolio Manager(s)

Name Start Date
Fidelity Investments Canada ULC 05-13-2021
Fidelity Management & Research Company LLC 02-06-2023

Management and Organization

Fund Manager Fidelity Investments Canada ULC
Advisor Fidelity Investments Canada ULC
Custodian -
Registrar Fidelity Investments Canada ULC
Distributor -
Auditor PricewaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 150,000
PAC Subsequent 1,000
SWP Allowed Yes
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 1.97%
Management Fee 1.60%
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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