Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
Fidelity Inflation-Focused Fund Series B
Global Neutral Balanced
Click for more information on Fundata’s FundGrade
FundGrade D
Click for more information on Fundata’s FundGrade.
|
NAVPS (06-17-2026) |
$12.10 |
|---|---|
| Change |
-$0.11
(-0.90%)
|
As at May 31, 2026
As at March 31, 2026
Loading......
Legend
Compare Options
Fund Returns
Inception Return (September 28, 2021): 5.92%
| 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 | -0.01% | -3.12% | 7.73% | 7.93% | 16.23% | 8.67% | 9.52% | 5.44% | - | - | - | - | - | - |
| 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 | 1,759 / 1,773 | 1,768 / 1,770 | 250 / 1,753 | 297 / 1,754 | 662 / 1,730 | 1,491 / 1,653 | 1,368 / 1,582 | 1,531 / 1,554 | - | - | - | - | - | - |
| Quartile Ranking | 4 | 4 | 1 | 1 | 2 | 4 | 4 | 4 | - | - | - | - | - | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.93% | -0.07% | 2.30% | 2.37% | -0.04% | 2.19% | -0.18% | 5.06% | 6.04% | -3.04% | -0.08% | -0.01% |
| 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
6.04% (February 2026)
Worst Monthly Return Since Inception
-7.67% (June 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | -3.21% | 4.10% | 7.04% | 7.61% |
| 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 | - | - | - | - | - | - | 1 | 4 | 4 | 4 |
| Category Rank | - | - | - | - | - | - | 40/ 1,490 | 1,564/ 1,577 | 1,573/ 1,625 | 1,309/ 1,680 |
Best Calendar Return (Last 10 years)
7.61% (2025)
Worst Calendar Return (Last 10 years)
-3.21% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 23.32 |
| Canadian Government Bonds | 15.93 |
| Canadian Equity | 15.10 |
| Commodities | 11.52 |
| Foreign Corporate Bonds | 10.49 |
| Other | 23.64 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 40.21 |
| Energy | 18.75 |
| Basic Materials | 15.69 |
| Real Estate | 9.06 |
| Industrial Goods | 1.71 |
| Other | 14.58 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 76.22 |
| Europe | 9.40 |
| Asia | 2.58 |
| Latin America | 0.16 |
| Other | 11.64 |
Top Holdings
| Name | Percent |
|---|---|
| iShares Gold Trust ETF (IAU) | - |
| Exxon Mobil Corp | - |
| iShares Core Canadian Long Term Bond Idx ETF (XLB) | - |
| Chevron Corp | - |
| Valero Energy Corp | - |
| Linde PLC | - |
| Canada Government 4.00% 01-Dec-2031 | - |
| Agnico Eagle Mines Ltd | - |
| Freeport-McMoRan Inc | - |
| Canada Government 3.00% 01-Dec-2036 | - |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Fidelity Inflation-Focused Fund Series B
Median
Other - Global Neutral Balanced
3 Yr Annualized
| Standard Deviation | 7.17% | - | - |
|---|---|---|---|
| Beta | 0.55 | - | - |
| Alpha | 0.02 | - | - |
| Rsquared | 0.29% | - | - |
| Sharpe | 0.81 | - | - |
| Sortino | 1.63 | - | - |
| Treynor | 0.11 | - | - |
| Tax Efficiency | 93.22% | - | - |
| Volatility |
|
- | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.61% | 7.17% | - | - |
| Beta | 0.39 | 0.55 | - | - |
| Alpha | 0.09 | 0.02 | - | - |
| Rsquared | 0.11% | 0.29% | - | - |
| Sharpe | 1.52 | 0.81 | - | - |
| Sortino | 3.70 | 1.63 | - | - |
| Treynor | 0.34 | 0.11 | - | - |
| Tax Efficiency | 97.56% | 93.22% | - | - |
Fund Details
| Start Date | September 28, 2021 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID7251 |
Investment Objectives
The Fund seeks a real return consistent with reasonable investment risk. A real return is a return above inflation. It uses a balanced approach. It invests primarily in a mix of equity securities and fixed income securities of issuers located anywhere in the world which are expected to be collectively resilient to inflation. The Fund can invest in these securities either directly or indirectly through investments in underlying funds.
Investment Strategy
To meet the Fund’s objectives, the portfolio management team: Follows a neutral mix guideline of approximately 40% equity, 10% commodity and 50% fixed income investments and money market instruments. Uses an asset allocation strategy. Depending on market conditions, may vary the asset mix by up to +/- 25% from the neutral mix if it believes this produces the best overall return.
Portfolio Management
| Portfolio Manager |
Fidelity Investments Canada ULC
|
|---|---|
| Sub-Advisor |
Fidelity Management & Research Company LLC
|
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 | - |
| SWP Min Withdrawal | - |
Fees
| MER | 2.31% |
|---|---|
| Management Fee | 1.90% |
| 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
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
