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Fidelity Global Income Class Portfolio Series B

Global Fixed Inc Balanced

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024, 2016

Click for more information on Fundata’s FundGrade

NAVPS
(04-04-2025)
$19.44
Change
-$0.37 (-1.85%)

As at February 28, 2025

As at December 31, 2024

Period
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Legend

Fidelity Global Income Class Portfolio Series B

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Fund Returns

Inception Return (April 18, 2007): 4.47%

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 0.13% 2.36% 6.53% 2.92% 12.57% 10.62% 5.79% 4.50% 5.00% 5.24% 4.61% 4.55% 4.68% 4.09%
Benchmark 0.64% 2.77% 6.67% 2.57% 12.42% 9.76% 4.23% 2.52% 2.80% 3.88% 3.68% 3.87% 3.82% 4.06%
Category Average 0.51% 1.21% 4.28% 2.30% 9.93% 8.29% 3.43% 2.86% 3.61% 3.93% 3.55% 3.50% 4.01% 3.11%
Category Rank 844 / 988 42 / 987 53 / 973 112 / 987 85 / 967 63 / 915 60 / 896 107 / 823 96 / 771 97 / 737 106 / 637 84 / 529 110 / 456 70 / 396
Quartile Ranking 4 1 1 1 1 1 1 1 1 1 1 1 1 1

Monthly Return

Monthly Return
Return % Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
Fund 2.08% -1.24% 1.84% 0.30% 2.96% -0.33% 1.89% -0.05% 2.19% -0.54% 2.79% 0.13%
Benchmark 1.04% -1.39% 0.79% 1.45% 3.61% -0.15% 2.06% -0.11% 1.82% 0.19% 1.92% 0.64%

Best Monthly Return Since Inception

6.23% (January 2015)

Worst Monthly Return Since Inception

-8.64% (October 2008)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 9.33% 1.12% 4.72% -0.58% 8.92% 7.42% 4.37% -9.16% 7.99% 12.82%
Benchmark 16.91% 0.39% 3.81% 5.53% 6.30% 9.09% -0.49% -11.13% 6.74% 11.56%
Category Average 1.21% 4.39% 5.49% -2.85% 9.97% 7.08% 4.51% -11.10% 7.71% 8.38%
Quartile Ranking 1 4 2 1 3 2 2 2 2 1
Category Rank 9/ 388 443/ 451 257/ 528 114/ 605 460/ 711 285/ 771 407/ 823 225/ 874 410/ 915 28/ 967

Best Calendar Return (Last 10 years)

12.82% (2024)

Worst Calendar Return (Last 10 years)

-9.16% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 18.67
US Equity 18.42
Foreign Government Bonds 14.10
Canadian Equity 11.93
Cash and Equivalents 9.21
Other 27.67

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 37.79
Mutual Fund 11.01
Cash and Cash Equivalent 9.21
Technology 9.18
Financial Services 8.25
Other 24.56

Geographic Allocation

Geographic Allocation
Name Percent
North America 70.15
Multi-National 12.41
Europe 8.46
Asia 6.09
Latin America 1.37
Other 1.52

Top Holdings

Top Holdings
Name Percent
Fidelity Multi-Sector Bond Fund Series O -
Fidelity Global Dividend Fund Series A -
Fid Dev Intl MA - Ser O -
Fidelity Cdn Short Term Fixd Inc Mul Asset Ba Fd O -
Fidelity Insights Investment Trust Series O -
Fidelity Canadian Disciplined Equity Fund Ser O -
Can Bond MA Base - Ser O -
Fidelity Emerging Markets Fund Series B -
Fidelity Emerging Mkts Debt Multi-Asset Base Sr O -
Fidelity Canadian Money Market Investment Trust O -

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Fidelity Global Income Class Portfolio Series B

Median

Other - Global Fixed Inc Balanced

3 Yr Annualized

Standard Deviation 6.61% 7.03% 6.10%
Beta 0.83% 0.81% 0.74%
Alpha 0.02% 0.03% 0.01%
Rsquared 0.81% 0.55% 0.58%
Sharpe 0.31% 0.39% 0.42%
Sortino 0.67% 0.44% 0.28%
Treynor 0.02% 0.03% 0.03%
Tax Efficiency 96.13% 96.06% 96.62%
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 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 4.97% 6.61% 7.03% 6.10%
Beta 0.95% 0.83% 0.81% 0.74%
Alpha 0.01% 0.02% 0.03% 0.01%
Rsquared 0.75% 0.81% 0.55% 0.58%
Sharpe 1.60% 0.31% 0.39% 0.42%
Sortino 4.97% 0.67% 0.44% 0.28%
Treynor 0.08% 0.02% 0.03% 0.03%
Tax Efficiency 99.15% 96.13% 96.06% 96.62%

Fund Details

Start Date April 18, 2007
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Capped
Currency CAD
Distribution Frequency Annual
Assets ($mil) $1,152

Fund Codes

FundServ Code Load Code Sales Status
FID2282

Investment Objectives

The Portfolio aims to achieve a combination of a steady flow of income with the potential for capital gains. The Portfolio is geared towards income. It invests primarily in underlying funds. These underlying funds generally invest in global equity securities and/or fixed income securities.

Investment Strategy

To meet the Portfolio’s objectives, the portfolio management team: Follows a neutral mix guideline of approximately 40% equity, and 60% fixed income and money market instruments; 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, which may include liquid alternative mutual funds.

Portfolio Management

Portfolio Manager

Fidelity Investments Canada ULC

Sub-Advisor

Pyramis Global Advisors Trust Company

State Street Global Advisors Ltd.

Pyramis Canada ULC

Fidelity Management and Research (FMR) Company

Fidelity Investments Money Management Inc.

Fidelity International Limited

  • Geoffrey D. Stein
  • David D. Wolf

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 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 2.11%
Management Fee 1.70%
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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