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Fidelity Absolute Income Fund Series B

Global Fixed Income

NAVPS
(02-11-2025)
$10.01
Change
-$0.01 (-0.10%)

As at January 31, 2025

No data available


Fund Returns

Inception Return (January 24, 2025): -

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 - - - - - - - - - - - - - -
Benchmark 1.24% 2.41% 3.74% 1.24% 8.11% 4.59% 0.21% -1.60% -0.76% 0.59% 1.39% 1.30% 0.54% 1.36%
Category Average 0.71% 0.51% 1.16% 0.71% 3.43% 2.89% -0.49% -1.08% -0.14% 0.93% 0.91% 1.13% 1.18% 1.03%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
Fund - - - - - - - - - - - -
Benchmark 0.00% 0.40% -1.24% 0.00% 1.16% 3.88% -0.22% 1.89% -0.37% 0.95% 0.21% 1.24%

Best Monthly Return Since Inception

-

Worst Monthly Return Since Inception

-

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - - -
Benchmark 16.63% -1.36% -0.08% 7.82% 1.45% 7.03% -6.05% -10.83% 2.72% 6.80%
Category Average 2.92% 2.08% 2.75% -0.04% 5.49% 5.94% -1.81% -10.70% 5.33% 2.37%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

-

Worst Calendar Return (Last 10 years)

-

Asset Allocation

Sector Allocation

Geographic Allocation

Top Holdings

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

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

Risk Rating

Rating  out of ten

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 January 24, 2025
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
FID7859

Investment Objectives

Fidelity Absolute Income Fund aims to deliver high yield like income while minimizing volatility and drawdowns.Uses a diversified mix of assets across the fixed income spectrum including high yield, investment grade and emerging markets to maximize risk-adjusted returns with a focus on income.Emphasis on minimizing volatility and default risk using proprietary factors and models

Investment Strategy

To meet the Fund’s objectives, the portfolio management team: • Uses quantitative techniques to systematically construct a broadly diversified portfolio. Advanced techniques developed through research capabilities are used in evaluating multiple factors to achieve a desired risk exposure or return characteristic for the Fund through the model’s dynamic weightings to each factor.

Portfolio Manager(s)

Name Start Date
Rahul Bhargava 01-24-2025
Orhan Imer 01-24-2025

Management and Organization

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

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 -
Management Fee 1.05%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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