Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info

Fidelity Balanced Class Portfolio Series B

  • Premium Feature Only
Add to My Watchlist

Global Neutral Balanced

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

NAVPS
(07-30-2025) 		$22.61
Change
-$0.07 (-0.30%)

As at June 30, 2025

As at March 31, 2025

Period
Created with Highcharts 10.3.3Jul 2023Jan 2025Jul 2022Oct 2022Jan 2023Apr 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Apr 2025Jan 2010Jan 2013Jan 2016Jan 2019Jan 2022Jan 2025Jan…$10,000$15,000$11,000$12,000$13,000$14,000Period

Legend

Fidelity Balanced Class Portfolio Series B

Compare Options

Fund Returns

Inception Return (April 18, 2007): 5.29%

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 2.01% 3.11% 4.23% 4.23% 11.84% 12.94% 11.66% 5.72% 7.56% 7.00% 6.44% 6.48% 6.32% 5.88%
Benchmark 2.53% 2.76% 3.35% 3.35% 12.62% 13.35% 12.58% 5.72% 6.67% 6.88% 6.64% 6.83% 7.12% 7.01%
Category Average 1.87% 2.93% 3.65% 3.65% 10.26% 10.24% 9.45% 4.13% 6.33% 5.50% 5.32% 5.21% 5.52% 4.98%
Category Rank 692 / 1,785 624 / 1,739 506 / 1,737 506 / 1,737 458 / 1,718 244 / 1,651 304 / 1,591 345 / 1,447 356 / 1,321 285 / 1,263 322 / 1,137 268 / 1,014 319 / 918 266 / 798
Quartile Ranking 2 2 2 2 2 1 1 1 2 1 2 2 2 2

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 2.90% -0.56% 2.15% 0.27% 3.40% -0.99% 3.35% -0.51% -1.69% -1.70% 2.82% 2.01%
Benchmark 3.28% -0.07% 2.25% 0.21% 2.87% 0.17% 2.72% -0.03% -2.06% -2.19% 2.47% 2.53%

Best Monthly Return Since Inception

7.79% (April 2020)

Worst Monthly Return Since Inception

-9.44% (October 2008)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 6.20% 3.45% 6.05% -2.51% 12.77% 11.68% 7.92% -9.71% 10.54% 15.92%
Benchmark 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69% 17.48%
Category Average 2.99% 5.05% 7.69% -3.99% 13.52% 7.16% 9.69% -11.26% 9.53% 12.15%
Quartile Ranking 2 3 3 2 3 1 3 2 2 1
Category Rank 276/ 762 618/ 869 652/ 948 444/ 1,087 640/ 1,204 185/ 1,295 932/ 1,381 609/ 1,523 554/ 1,630 287/ 1,682

Best Calendar Return (Last 10 years)

15.92% (2024)

Worst Calendar Return (Last 10 years)

-9.71% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 27.60
International Equity 18.42
US Equity 15.26
Foreign Government Bonds 11.39
Canadian Bonds - Funds 8.24
Other 19.09

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 30.77
Financial Services 12.33
Technology 9.97
Consumer Services 6.18
Basic Materials 5.66
Other 35.09

Geographic Allocation

Geographic Allocation
Name Percent
North America 72.72
Europe 11.40
Asia 7.92
Multi-National 6.45
Latin America 1.69

Top Holdings

Top Holdings
Name Percent
Fidelity Canadian Disciplined Equity Fund Ser O -
Can Bond MA Base - Ser O -
Fidelity Multi-Sector Bond Fund Series O -
Fidelity Global Bond Multi-Asset Base Fund O -
Fidelity Emerging Markets Fund Series B -
Fidelity Canadian Growth Company Fund Series B -
Fidelity Canadian Large Cap Multi-Asset Base O -
Fidelity Cdn Fundamental Equ Multi-Asset Base O -
Fidelity Global Innovators Investment Trust Ser O -
Fidelity Canadian Opportunities Fund Series 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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return012345678910111213140%5%10%15%20%

Fidelity Balanced Class Portfolio Series B

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 7.34% 7.77% 7.82%
Beta 0.89% 0.90% 0.93%
Alpha 0.00% 0.01% -0.01%
Rsquared 0.91% 0.87% 0.78%
Sharpe 1.00% 0.66% 0.55%
Sortino 2.21% 0.96% 0.57%
Treynor 0.08% 0.06% 0.05%
Tax Efficiency 95.98% 93.78% 93.50%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.95% 7.34% 7.77% 7.82%
Beta 1.00% 0.89% 0.90% 0.93%
Alpha -0.01% 0.00% 0.01% -0.01%
Rsquared 0.92% 0.91% 0.87% 0.78%
Sharpe 1.17% 1.00% 0.66% 0.55%
Sortino 2.63% 2.21% 0.96% 0.57%
Treynor 0.08% 0.08% 0.06% 0.05%
Tax Efficiency 98.07% 95.98% 93.78% 93.50%

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) $315

Fund Codes

FundServ Code Load Code Sales Status
FID2283

Investment Objectives

The Portfolio aims to achieve high total investment return. The Portfolio uses a balanced approach. It invests primarily in underlying funds. These underlying funds generally invest in Canadian equity securities, foreign equity securities and/or fixed income securities, with generally more emphasis on Canadian equity securities and fixed income securities.

Investment Strategy

To meet the Portfolio’s objectives, the portfolio management team: Follows a neutral mix guideline of approximately 60% equity, and 40% 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

  • Geoffrey D. Stein
  • David D. Wolf
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 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 2.22%
Management Fee 1.80%
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) -

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info