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Canadian Neutral Balanced
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2016
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|
NAVPS (06-14-2024) |
$16.22 |
|---|---|
| Change |
-$0.02
(-0.14%)
|
As at May 31, 2024
As at March 31, 2024
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Inception Return (September 28, 2011): 5.38%
| 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 | 2.36% | 2.62% | 6.53% | 3.77% | 8.88% | 3.76% | 2.88% | 5.80% | 4.85% | 4.90% | 4.06% | 4.18% | 3.96% | 4.20% |
| Benchmark | 1.52% | 2.10% | 6.41% | 2.62% | 9.74% | 4.30% | 3.00% | 6.26% | 5.46% | 5.39% | 5.17% | 5.53% | 4.84% | 5.01% |
| Category Average | 2.12% | 7.17% | 7.17% | 3.82% | 10.00% | 4.53% | 2.57% | 5.64% | 4.69% | 4.33% | 4.01% | 4.43% | 3.81% | 4.10% |
| Category Rank | 148 / 448 | 132 / 442 | 393 / 442 | 322 / 442 | 361 / 431 | 324 / 418 | 271 / 398 | 263 / 378 | 243 / 368 | 173 / 362 | 234 / 350 | 275 / 333 | 215 / 299 | 211 / 287 |
| Quartile Ranking | 2 | 2 | 4 | 3 | 4 | 4 | 3 | 3 | 3 | 2 | 3 | 4 | 3 | 3 |
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.97% | 0.46% | -0.45% | -2.66% | -0.44% | 4.44% | 2.66% | 0.02% | 1.10% | 1.94% | -1.65% | 2.36% |
| Benchmark | 1.83% | 0.93% | -0.84% | -3.01% | -1.57% | 6.01% | 3.69% | -0.31% | 0.82% | 2.49% | -1.88% | 1.52% |
7.43% (November 2020)
-9.75% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 7.89% | 1.30% | 6.71% | 2.20% | -2.34% | 11.22% | 6.11% | 10.57% | -5.31% | 5.66% |
| Benchmark | 9.98% | -3.02% | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% |
| Category Average | 7.98% | 0.06% | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% |
| Quartile Ranking | 3 | 2 | 3 | 4 | 1 | 4 | 3 | 3 | 1 | 4 |
| Category Rank | 182/ 286 | 120/ 299 | 229/ 331 | 338/ 344 | 60/ 355 | 333/ 365 | 188/ 374 | 284/ 389 | 21/ 409 | 407/ 429 |
11.22% (2019)
-5.31% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 25.06 |
| US Equity | 14.06 |
| Canadian Government Bonds | 13.45 |
| International Equity | 12.60 |
| Canadian Corporate Bonds | 12.31 |
| Other | 22.52 |
| Name | Percent |
|---|---|
| Fixed Income | 38.67 |
| Financial Services | 8.30 |
| Real Estate | 5.90 |
| Consumer Services | 5.80 |
| Cash and Cash Equivalent | 5.58 |
| Other | 35.75 |
| Name | Percent |
|---|---|
| North America | 79.68 |
| Europe | 8.23 |
| Multi-National | 4.98 |
| Asia | 3.79 |
| Latin America | 1.22 |
| Other | 2.10 |
| Name | Percent |
|---|---|
| Fidelity American High Yield Fund Series O | - |
| Fidelity Canadian Money Market Investment Trust O | - |
| iShares Gold Trust ETF (IAU) | - |
| High Yield Investments Directly Held | - |
| United States Treasury 3.63% 31-Mar-2030 | - |
| Investment Grade CMBS Securities Directly Held | - |
| Alimentation Couche-Tard Inc Cl A | - |
| MSCI EAFE Index Future | - |
| United States Treasury 3.63% 15-Feb-2053 | - |
| MSCI Emerging Markets Index Future | - |
Fidelity Monthly Income Class Series B
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 7.14% | 8.69% | 6.70% |
|---|---|---|---|
| Beta | 0.73% | 0.82% | 0.77% |
| Alpha | 0.01% | 0.00% | 0.00% |
| Rsquared | 0.93% | 0.93% | 0.89% |
| Sharpe | 0.03% | 0.35% | 0.43% |
| Sortino | 0.02% | 0.34% | 0.29% |
| Treynor | 0.00% | 0.04% | 0.04% |
| Tax Efficiency | 70.56% | 85.62% | 86.44% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.79% | 7.14% | 8.69% | 6.70% |
| Beta | 0.75% | 0.73% | 0.82% | 0.77% |
| Alpha | 0.02% | 0.01% | 0.00% | 0.00% |
| Rsquared | 0.94% | 0.93% | 0.93% | 0.89% |
| Sharpe | 0.58% | 0.03% | 0.35% | 0.43% |
| Sortino | 1.59% | 0.02% | 0.34% | 0.29% |
| Treynor | 0.05% | 0.00% | 0.04% | 0.04% |
| Tax Efficiency | 97.14% | 70.56% | 85.62% | 86.44% |
| Start Date | September 28, 2011 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Capped |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $680 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID416 |
The Fund aims to achieve a combination of a steady flow of income and the potential for capital gains. It invests, either directly or indirectly through investments in underlying funds, primarily in a mix of equity and fixed income securities. The underlying funds can invest in these securities either directly or indirectly through investments in other underlying funds.
To meet the Fund’s objectives, the portfolio management team: Follows a neutral mix guideline of approximately 55% equity securities and 45% fixed income securities, which may be Canadian or foreign; 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.
| Name | Start Date |
|---|---|
| Don Newman | 11-06-2003 |
| David Bagnani | 11-06-2003 |
| Harley Lank | 08-01-2007 |
| Daniel Dupont | 09-01-2008 |
| Geoffrey D. Stein | 03-25-2011 |
| Catriona Martin | 04-01-2011 |
| David D. Wolf | 03-23-2017 |
| Sri Tella | 03-23-2017 |
| 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 | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
| MER | 2.07% |
|---|---|
| Management Fee | 1.70% |
| 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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