Join Fund Library now and get free access to personalized features to help you manage your investments.

Fidelity Asset Allocation Currency Neutral Private Pool Series B

Canadian Neutral Balanced

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(02-13-2025)
$16.45
Change
$0.08 (0.51%)

As at January 31, 2025

As at December 31, 2024

As at December 31, 2024

Period
Loading...

Legend

Fidelity Asset Allocation Currency Neutral Private Pool Series B

Compare Options


Fund Returns

Inception Return (December 14, 2011): 4.71%

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 1.97% 2.88% 4.43% 1.97% 11.03% 7.44% 3.27% 3.89% 4.34% 5.32% 4.15% 4.43% 4.59% 3.79%
Benchmark 2.42% 4.53% 8.16% 2.42% 16.65% 9.92% 5.87% 7.12% 6.56% 7.51% 6.71% 6.44% 7.13% 5.78%
Category Average 2.38% 4.02% 6.19% 2.38% 14.18% 8.96% 4.66% 5.82% 5.42% 6.18% 5.12% 5.19% 5.52% 4.57%
Category Rank 366 / 452 399 / 452 431 / 452 366 / 452 435 / 446 401 / 432 396 / 412 377 / 392 355 / 381 349 / 370 342 / 358 315 / 347 322 / 334 286 / 301
Quartile Ranking 4 4 4 4 4 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
Fund 1.61% 1.75% -1.97% 2.26% 0.47% 2.11% 0.50% 1.44% -0.44% 2.81% -1.86% 1.97%
Benchmark 0.82% 2.49% -1.88% 1.52% 0.56% 4.19% 0.91% 2.55% -0.02% 4.18% -2.03% 2.42%

Best Monthly Return Since Inception

6.09% (April 2020)

Worst Monthly Return Since Inception

-8.46% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -1.57% 5.36% 6.05% -4.60% 11.22% 9.31% 7.09% -10.07% 7.44% 9.32%
Benchmark -3.02% 11.97% 6.22% -4.30% 15.62% 7.61% 11.90% -8.20% 9.43% 13.55%
Category Average 0.06% 6.65% 5.72% -4.72% 12.57% 6.33% 10.85% -9.35% 8.27% 11.70%
Quartile Ranking 3 4 2 3 4 1 4 4 3 4
Category Rank 220/ 301 297/ 334 173/ 347 224/ 358 333/ 368 43/ 377 367/ 392 361/ 412 322/ 432 433/ 446

Best Calendar Return (Last 10 years)

11.22% (2019)

Worst Calendar Return (Last 10 years)

-10.07% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 29.39
Foreign Government Bonds 14.64
Canadian Government Bonds 12.14
International Equity 10.80
US Equity 7.96
Other 25.07

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 43.50
Technology 15.37
Financial Services 13.86
Consumer Services 6.87
Cash and Cash Equivalent 6.59
Other 13.81

Geographic Allocation

Geographic Allocation
Name Percent
North America 79.29
Europe 11.84
Asia 8.42
Latin America 1.87
Africa and Middle East 0.88
Other -2.30

Top Holdings

Top Holdings
Name Percent
Fidelity U.S. Money Market Investment Trust O -
BROOKFIELD CANADIAN PRIVATE RE -
Fidelity Floating Rate High Income Curr Neut Fd B -
United States Treasury 4.38% 15-May-2034 -
Royal Bank of Canada -
iShares Gold Trust ETF (IAU) -
Constellation Software Inc -
Fidelity Canadian Money Market Investment Trust O -
Microsoft Corp -
NVIDIA Corp -

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

Fidelity Asset Allocation Currency Neutral Private Pool Series B

Median

Other - Canadian Neutral Balanced

3 Yr Annualized

Standard Deviation 8.20% 8.74% 6.81%
Beta 0.80% 0.81% 0.79%
Alpha -0.01% -0.01% -0.01%
Rsquared 0.94% 0.96% 0.92%
Sharpe -0.02% 0.26% 0.34%
Sortino 0.09% 0.26% 0.19%
Treynor 0.00% 0.03% 0.03%
Tax Efficiency 82.66% 88.35% 90.87%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 5.49% 8.20% 8.74% 6.81%
Beta 0.72% 0.80% 0.81% 0.79%
Alpha -0.01% -0.01% -0.01% -0.01%
Rsquared 0.85% 0.94% 0.96% 0.92%
Sharpe 1.17% -0.02% 0.26% 0.34%
Sortino 2.43% 0.09% 0.26% 0.19%
Treynor 0.09% 0.00% 0.03% 0.03%
Tax Efficiency 97.48% 82.66% 88.35% 90.87%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date December 14, 2011
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $17

Fund Codes

FundServ Code Load Code Sales Status
FID731

Investment Objectives

The Pool aims to achieve high total investment return. The Pool uses an asset allocation approach. It invests primarily in equity, fixed income and money market securities. The Pool can invest in these securities either directly or indirectly through investments in underlying Pools and underlying funds.

Investment Strategy

To meet the Pool’s objectives, the portfolio management team: Follows a neutral mix guideline of approximately 50% equity securities, 40% fixed income securities, and 10% money market instruments. These securities may be either Canadian or foreign; Depending on market conditions, may vary the Pool’s asset mix from the neutral mix if he or she believes this will produce the best overall return.

Portfolio Manager(s)

Name Start Date
Geoffrey D. Stein 12-14-2011
David D. Wolf 02-28-2015
Fidelity Management & Research Company LLC 02-06-2023

Management and Organization

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

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 150,000
PAC Subsequent 1,000
SWP Allowed Yes
SWP Min Balance 0
SWP Min Withdrawal 50

Fees

MER 2.10%
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) -

Join Fund Library now and get free access to personalized features to help you manage your investments.