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Fidelity Premium Fixed Income Private Pool Series B

Canadian Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(07-23-2025)
$10.27
Change
-$0.04 (-0.38%)

As at June 30, 2025

As at March 31, 2025

Period
Created with Highcharts 10.3.3Jan 2024Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jan 2009May 2011Sep 2013Jan 2016May 2018Sep 2020Jan 2023$10,000$9,500$10,500$11,000$11,500Period

Legend

Fidelity Premium Fixed Income Private Pool Series B

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Fund Returns

Inception Return (November 26, 2008): 2.85%

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 0.04% -0.68% 1.06% 1.06% 5.33% 4.42% 3.78% -0.48% -0.66% 0.44% 1.28% 1.15% 0.98% 1.28%
Benchmark 0.04% -0.65% 1.32% 1.32% 5.82% 4.77% 4.10% 0.07% -0.47% 0.86% 1.77% 1.66% 1.46% 1.83%
Category Average 0.15% -0.43% 1.23% 1.23% 5.39% 4.36% 3.76% -0.44% -0.60% 0.49% 1.25% 1.08% 0.96% 1.19%
Category Rank 366 / 481 365 / 479 356 / 478 356 / 478 332 / 458 276 / 432 278 / 413 289 / 408 226 / 378 243 / 364 224 / 347 200 / 320 185 / 294 159 / 262
Quartile Ranking 4 4 3 3 3 3 3 3 3 3 3 3 3 3

Monthly Return

Created with Highcharts 10.3.3-2%-1%0%1%2%3%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 2.08% 0.41% 1.77% -1.07% 1.50% -0.49% 1.05% 1.06% -0.37% -0.84% 0.12% 0.04%
Benchmark 2.14% 0.52% 1.82% -1.07% 1.51% -0.52% 1.13% 1.14% -0.29% -0.77% 0.08% 0.04%

Best Monthly Return Since Inception

4.31% (January 2015)

Worst Monthly Return Since Inception

-4.21% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 2.22% 1.19% 2.05% 0.28% 6.61% 8.22% -2.82% -12.43% 6.07% 3.85%
Benchmark 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38% 4.10%
Category Average 1.07% 1.60% 1.96% -0.34% 6.21% 8.18% -2.79% -12.16% 6.16% 3.68%
Quartile Ranking 3 3 2 3 2 3 3 4 3 3
Category Rank 147/ 253 184/ 275 124/ 309 238/ 330 109/ 358 238/ 370 204/ 392 316/ 409 272/ 418 285/ 442

Best Calendar Return (Last 10 years)

8.22% (2020)

Worst Calendar Return (Last 10 years)

-12.43% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 54.74
Canadian Corporate Bonds 42.44
Cash and Equivalents 2.65
Foreign Government Bonds 0.16
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 97.34
Cash and Cash Equivalent 2.65
Other 0.01

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.83
Europe 0.16
Other 0.01

Top Holdings

Top Holdings
Name Percent
Canada Government 3.25% 01-Sep-2028 -
Canada Government 1.50% 01-Dec-2031 -
Canada Government 3.50% 01-Sep-2029 -
Canada Government 1.50% 01-Jun-2031 -
Canada Housing Trust No 1 3.95% 15-Jun-2028 -
Canada Housing Trust No 1 3.55% 15-Sep-2032 -
Ontario Province 3.75% 02-Jun-2032 -
Canada Government 4.00% 01-Mar-2029 -
Canada Housing Trust No 1 4.25% 15-Mar-2034 -
Canada Government 2.50% 01-Dec-2032 -

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: L. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return24681012141618200%2%4%6%8%10%

Fidelity Premium Fixed Income Private Pool Series B

Median

Other - Canadian Fixed Income

3 Yr Annualized

Standard Deviation 6.10% 5.95% 5.26%
Beta 0.96% 0.98% 0.99%
Alpha 0.00% 0.00% -0.01%
Rsquared 0.94% 0.95% 0.95%
Sharpe -0.01% -0.50% -0.06%
Sortino 0.24% -0.75% -0.40%
Treynor 0.00% -0.03% 0.00%
Tax Efficiency 71.86% - 31.01%
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 1 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 3.62% 6.10% 5.95% 5.26%
Beta 0.99% 0.96% 0.98% 0.99%
Alpha 0.00% 0.00% 0.00% -0.01%
Rsquared 1.00% 0.94% 0.95% 0.95%
Sharpe 0.53% -0.01% -0.50% -0.06%
Sortino 1.15% 0.24% -0.75% -0.40%
Treynor 0.02% 0.00% -0.03% 0.00%
Tax Efficiency 78.22% 71.86% - 31.01%

Fund Details

Start Date November 26, 2008
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
FID9015

Investment Objectives

The Pool aims to provide a steady flow of income. It seeks a similar return to its underlying fund, which is also managed by Fidelity, by investing substantially all of its assets in units of that fund. The underlying fund aims to provide a steady flow of income by investing primarily in Canadian fixed income securities. We can’t change the Pool’s investment objectives unless we get approval from a majority of unitholders who vote at a special meeting we call.

Investment Strategy

The strategies described below relate to the Pool and the underlying fund, Fidelity Canadian Bond Fund. To meet the Pool’s objectives, the portfolio management team of the underlying fund: Uses the FTSE Canada Universe Bond Index as a guide to structuring the underlying fund’s portfolio and selecting investments, and manages the underlying fund to have an overall interest rate risk that is similar to the index.

Portfolio Management

Portfolio Manager

Fidelity Investments Canada ULC

  • Sri Tella
  • Lee Ormiston
Sub-Advisor

Fidelity Management & Research Company LLC

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

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 150,000
PAC Subsequent 1,000
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 1.17%
Management Fee 0.95%
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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