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Cdn Corp Fixed Income
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2014
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|
NAVPS (12-20-2024) |
$10.32 |
|---|---|
| Change |
$0.04
(0.43%)
|
As at November 30, 2024
As at September 30, 2024
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Inception Return (September 20, 2010): 2.86%
| 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 | 1.58% | 2.96% | 6.35% | 6.39% | 10.08% | 6.74% | 0.86% | 0.28% | 1.46% | 2.69% | 2.09% | 2.32% | 2.45% | 2.16% |
| Benchmark | 1.57% | 3.21% | 6.75% | 7.10% | 10.73% | 7.43% | 1.74% | 0.90% | 2.12% | 3.33% | 2.81% | 2.92% | 3.08% | 3.01% |
| Category Average | 1.53% | 2.97% | 6.56% | 6.85% | 10.38% | 6.77% | 1.45% | 0.53% | 1.66% | 2.75% | - | - | - | - |
| Category Rank | 63 / 106 | 62 / 106 | 78 / 103 | 78 / 95 | 67 / 95 | 64 / 91 | 73 / 84 | 63 / 79 | 57 / 73 | 51 / 72 | 46 / 66 | 39 / 64 | 38 / 58 | 35 / 53 |
| Quartile Ranking | 3 | 3 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.48% | -0.72% | 0.16% | 0.60% | -1.41% | 1.44% | 0.88% | 1.93% | 0.44% | 1.98% | -0.60% | 1.58% |
| Benchmark | 3.39% | -0.70% | 0.25% | 0.60% | -1.26% | 1.47% | 0.98% | 1.96% | 0.45% | 2.04% | -0.41% | 1.57% |
5.07% (April 2020)
-8.00% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.72% | -0.68% | 3.97% | 3.34% | -0.62% | 8.32% | 7.67% | -1.41% | -11.62% | 7.98% |
| Benchmark | 7.44% | 2.74% | 3.59% | 3.48% | 0.96% | 8.01% | 8.57% | -1.32% | -10.12% | 8.32% |
| Category Average | - | - | - | - | - | 7.34% | 7.62% | -1.82% | -10.25% | 7.57% |
| Quartile Ranking | 2 | 4 | 2 | 2 | 3 | 1 | 3 | 2 | 4 | 3 |
| Category Rank | 17/ 52 | 48/ 53 | 20/ 58 | 18/ 64 | 49/ 66 | 18/ 72 | 52/ 73 | 35/ 79 | 74/ 84 | 47/ 91 |
8.32% (2019)
-11.62% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 83.18 |
| Foreign Corporate Bonds | 8.61 |
| Cash and Equivalents | 3.34 |
| Canadian Government Bonds | 2.69 |
| Foreign Government Bonds | 1.60 |
| Other | 0.58 |
| Name | Percent |
|---|---|
| Fixed Income | 96.60 |
| Cash and Cash Equivalent | 3.35 |
| Energy | 0.06 |
| Utilities | 0.03 |
| Financial Services | 0.02 |
| Other | -0.06 |
| Name | Percent |
|---|---|
| North America | 97.96 |
| Latin America | 1.58 |
| Europe | 0.03 |
| Other | 0.43 |
| Name | Percent |
|---|---|
| Fidelity American High Yield Currency Neut Fd B | - |
| Bell Canada 6.55% 01-May-2029 | - |
| Transcanada Pipelines Ltd 7.90% 15-Apr-2027 | - |
| Telus Corp 4.40% 01-Oct-2042 | - |
| Enbridge Inc 4.24% 27-Aug-2042 | - |
| Bank of Montreal 4.71% 07-Nov-2027 | - |
| IGM Financial Inc 6.65% 13-Dec-2027 | - |
| ENMAX CORP 3.33% 02-Jun-2025 | - |
| SEC LP 5.19% 29-Aug-2033 | - |
| Petroleos Mexicanos 7.69% 23-Jan-2050 | - |
Fidelity Corporate Bond Fund Series B
Median
Other - Cdn Corp Fixed Income
| Standard Deviation | 6.56% | 7.11% | 5.49% |
|---|---|---|---|
| Beta | 1.09% | 1.09% | 1.06% |
| Alpha | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.99% | 0.97% | 0.95% |
| Sharpe | -0.38% | -0.08% | 0.12% |
| Sortino | -0.41% | -0.24% | -0.17% |
| Treynor | -0.02% | -0.01% | 0.01% |
| Tax Efficiency | - | 20.50% | 52.05% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.74% | 6.56% | 7.11% | 5.49% |
| Beta | 1.04% | 1.09% | 1.09% | 1.06% |
| Alpha | -0.01% | -0.01% | -0.01% | -0.01% |
| Rsquared | 1.00% | 0.99% | 0.97% | 0.95% |
| Sharpe | 1.11% | -0.38% | -0.08% | 0.12% |
| Sortino | 3.20% | -0.41% | -0.24% | -0.17% |
| Treynor | 0.05% | -0.02% | -0.01% | 0.01% |
| Tax Efficiency | 85.78% | - | 20.50% | 52.05% |
| Start Date | September 20, 2010 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $36 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID1634 |
The Fund aims to provide a steady flow of income. It invests primarily in fixed income securities issued by Canadian and foreign companies.
To meet the Fund’s objectives, the portfolio management team: Uses the FTSE Canada All Corporate Bond Index as a guide to structuring the Fund’s portfolio and selecting investments, and manages the Fund to have an overall interest rate that is similar to the index. Allocates the Fund’s assets among issuers in different market industries and maturities, based on its view of the relative value of each issuer, industry or maturity. Invests mainly in investment grade securities.
| Name | Start Date |
|---|---|
| Catriona Martin | 06-03-2013 |
| Sri Tella | 03-22-2017 |
| Fidelity Management & Research Company LLC | 02-06-2023 |
| Fund Manager | Fidelity Investments Canada ULC |
|---|---|
| Advisor | Fidelity Investments Canada ULC |
| Custodian | State Street Trust Company Canada |
| Registrar | Fidelity Investments Canada ULC |
| Distributor | - |
| Auditor | PriceWaterhouseCoopers LLP |
| 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 |
| MER | 1.46% |
|---|---|
| Management Fee | 1.00% |
| 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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