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Fidelity Balanced Income Currency Neutral Private Pool Series B
Canadian Fix Inc Balanced
Click for more information on Fundata’s FundGrade
FundGrade B
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|
NAVPS (07-03-2026) |
$18.26 |
|---|---|
| Change |
$0.08
(0.44%)
|
As at May 31, 2026
As at March 31, 2026
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Legend
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Fund Returns
Inception Return (October 05, 2009): 4.54%
| 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 | 2.20% | 0.88% | 5.71% | 5.90% | 13.40% | 10.13% | 10.11% | 7.11% | 4.64% | 6.19% | 5.49% | 4.97% | 4.61% | 4.69% |
| Benchmark | 1.68% | 0.06% | 3.25% | 3.97% | 10.47% | 11.20% | 9.01% | 6.68% | 4.38% | 4.69% | 4.72% | 4.90% | 4.49% | 4.57% |
| Category Average | 1.88% | 0.73% | 3.14% | 3.85% | 9.07% | 8.69% | 8.04% | 6.01% | 3.72% | 4.33% | 4.09% | 4.04% | 3.61% | 3.80% |
| Category Rank | 80 / 410 | 210 / 410 | 17 / 410 | 30 / 410 | 30 / 400 | 88 / 396 | 53 / 393 | 83 / 390 | 95 / 370 | 44 / 337 | 53 / 323 | 70 / 287 | 61 / 271 | 64 / 260 |
| Quartile Ranking | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.31% | 0.67% | 1.21% | 2.27% | 0.73% | 0.88% | -0.18% | 1.68% | 3.25% | -3.34% | 2.12% | 2.20% |
| Benchmark | 0.76% | -0.14% | 1.52% | 2.70% | 0.81% | 1.16% | -0.69% | 0.68% | 3.20% | -2.57% | 1.00% | 1.68% |
Best Monthly Return Since Inception
6.35% (April 2020)
Worst Monthly Return Since Inception
-9.86% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 7.41% | 5.08% | -4.28% | 10.89% | 7.54% | 5.34% | -10.21% | 8.36% | 8.55% | 9.58% |
| Benchmark | 6.19% | 4.30% | -1.25% | 10.87% | 8.35% | 3.73% | -9.93% | 7.79% | 8.33% | 9.15% |
| Category Average | 4.06% | 3.92% | -2.19% | 9.07% | 6.42% | 3.91% | -9.95% | 7.21% | 8.35% | 6.88% |
| Quartile Ranking | 1 | 2 | 4 | 1 | 2 | 1 | 3 | 2 | 2 | 1 |
| Category Rank | 23/ 248 | 70/ 268 | 274/ 281 | 73/ 303 | 129/ 335 | 89/ 358 | 198/ 374 | 108/ 392 | 184/ 395 | 30/ 398 |
Best Calendar Return (Last 10 years)
10.89% (2019)
Worst Calendar Return (Last 10 years)
-10.21% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 27.60 |
| Canadian Government Bonds | 14.92 |
| Foreign Government Bonds | 13.98 |
| Canadian Corporate Bonds | 9.78 |
| US Equity | 9.26 |
| Other | 24.46 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 46.15 |
| Technology | 8.46 |
| Financial Services | 7.35 |
| Basic Materials | 6.99 |
| Cash and Cash Equivalent | 6.34 |
| Other | 24.71 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 77.39 |
| Europe | 13.46 |
| Asia | 9.23 |
| Latin America | 1.61 |
| Africa and Middle East | 0.70 |
| Other | -2.39 |
Top Holdings
| Name | Percent |
|---|---|
| Fidelity Canadian Money Market Investment Trust O | - |
| BROOKFIELD CANADIAN PRIVATE RE | - |
| High Yield Investments Directly Held | - |
| iShares Gold Trust ETF (IAU) | - |
| Investment Grade CMBS Securities Directly Held | - |
| Royal Bank of Canada | - |
| Taiwan Semiconductor Manufactrg Co Ltd | - |
| Canada Government 4.00% 01-Mar-2029 | - |
| Agnico Eagle Mines Ltd | - |
| Fidelity U.S. Money Market Investment Trust O | - |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Fidelity Balanced Income Currency Neutral Private Pool Series B
Median
Other - Canadian Fix Inc Balanced
3 Yr Annualized
| Standard Deviation | 5.65% | 6.67% | 6.76% |
|---|---|---|---|
| Beta | 0.87 | 0.92 | 1.01 |
| Alpha | 0.02 | 0.01 | 0.00 |
| Rsquared | 0.83% | 0.87% | 0.83% |
| Sharpe | 1.11 | 0.28 | 0.43 |
| Sortino | 2.12 | 0.38 | 0.37 |
| Treynor | 0.07 | 0.02 | 0.03 |
| Tax Efficiency | 96.30% | 86.77% | 91.60% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.75% | 5.65% | 6.67% | 6.76% |
| Beta | 1.02 | 0.87 | 0.92 | 1.01 |
| Alpha | 0.02 | 0.02 | 0.01 | 0.00 |
| Rsquared | 0.87% | 0.83% | 0.87% | 0.83% |
| Sharpe | 1.81 | 1.11 | 0.28 | 0.43 |
| Sortino | 2.71 | 2.12 | 0.38 | 0.37 |
| Treynor | 0.10 | 0.07 | 0.02 | 0.03 |
| Tax Efficiency | 94.51% | 96.30% | 86.77% | 91.60% |
Fund Details
| Start Date | October 05, 2009 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $348 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID1068 |
Investment Objectives
The Pool aims to achieve a combination of a steady flow of income with the potential for capital gains. The Pool is geared towards income. It invests primarily in underlying funds. These underlying funds will generally invest in fixed income and/or equity securities. The Pool uses derivatives to try to minimize the exposure to currency fluctuations between developed market foreign currencies (such as the U.S. dollar, the Euro or the Yen) and the Canadian dollar.
Investment Strategy
To meet the Pool’s objectives, the portfolio management team: Follows a neutral mix guideline of approximately 60% fixed income and money market instruments, and 40% equity; 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, which may include liquid alternative mutual funds.
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 | 150,000 |
| PAC Subsequent | 1,000 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
Fees
| MER | 2.01% |
|---|---|
| Management Fee | 1.60% |
| 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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