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Fidelity Balanced Portfolio Series B

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Global Neutral Balanced

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

NAVPS
(08-08-2025) 		$17.71
Change
$0.03 (0.14%)

As at June 30, 2025

As at March 31, 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$30,000$11,000$12,000$13,000$14,000Period

Legend

Fidelity Balanced Portfolio Series B

Compare Options

Fund Returns

Inception Return (April 18, 2007): 5.31%

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% 4.24% 4.24% 11.87% 12.94% 11.68% 5.74% 7.58% 7.03% 6.46% 6.51% 6.34% 5.91%
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 699 / 1,787 624 / 1,741 501 / 1,739 501 / 1,739 450 / 1,720 242 / 1,652 299 / 1,590 339 / 1,446 347 / 1,320 281 / 1,263 315 / 1,137 264 / 1,014 312 / 918 254 / 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 2.91% -0.55% 2.15% 0.27% 3.40% -0.99% 3.35% -0.51% -1.68% -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

-9.40% (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 6.21% 3.46% 6.09% -2.49% 12.81% 11.74% 7.94% -9.66% 10.52% 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 275/ 762 613/ 869 640/ 948 436/ 1,087 627/ 1,204 179/ 1,294 922/ 1,380 592/ 1,522 569/ 1,631 288/ 1,684

Best Calendar Return (Last 10 years)

15.92% (2024)

Worst Calendar Return (Last 10 years)

-9.66% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 27.57
International Equity 18.45
US Equity 15.22
Foreign Government Bonds 11.33
Canadian Bonds - Funds 8.30
Other 19.13

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 30.76
Financial Services 12.35
Technology 9.96
Consumer Services 6.18
Basic Materials 5.67
Other 35.08

Geographic Allocation

Geographic Allocation
Name Percent
North America 72.60
Europe 11.42
Asia 7.96
Multi-National 6.49
Latin America 1.70

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 Large Cap Multi-Asset Base O -
Fidelity Canadian Growth Company Fund Series B -
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 Portfolio Series B

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 7.33% 7.77% 7.81%
Beta 0.89% 0.90% 0.93%
Alpha 0.01% 0.01% -0.01%
Rsquared 0.91% 0.87% 0.78%
Sharpe 1.00% 0.66% 0.55%
Sortino 2.22% 0.97% 0.58%
Treynor 0.08% 0.06% 0.05%
Tax Efficiency 95.40% 92.09% 91.24%
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 6.94% 7.33% 7.77% 7.81%
Beta 1.00% 0.89% 0.90% 0.93%
Alpha -0.01% 0.01% 0.01% -0.01%
Rsquared 0.92% 0.91% 0.87% 0.78%
Sharpe 1.17% 1.00% 0.66% 0.55%
Sortino 2.65% 2.22% 0.97% 0.58%
Treynor 0.08% 0.08% 0.06% 0.05%
Tax Efficiency 93.54% 95.40% 92.09% 91.24%

Fund Details

Start Date April 18, 2007
Instrument Type Mutual Fund (Wrap Program)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $1,329

Fund Codes

FundServ Code Load Code Sales Status
FID2203

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.

Portfolio Management

Portfolio Manager

Fidelity Investments Canada ULC

  • David D. Wolf
  • David Tulk
Sub-Advisor

-

Management and Organization

Fund Manager

Fidelity Investments Canada ULC
Custodian

CIBC Mellon Trust Company

State Street Trust Company Canada
Registrar

Fidelity Investments Canada ULC
Distributor

Fidelity Investments Canada ULC

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 2.21%
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) -

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