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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-03-2024) |
$13.48 |
|---|---|
| Change |
$0.10
(0.74%)
|
As at March 31, 2024
As at December 31, 2023
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Inception Return (May 28, 2014): 5.62%
| 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 | 1.82% | 5.30% | 11.03% | 5.30% | 10.16% | 6.48% | 3.67% | 7.81% | 5.12% | 4.74% | 4.02% | 4.38% | 4.14% | - |
| Benchmark | 1.80% | 5.77% | 13.57% | 5.77% | 12.38% | 6.05% | 3.87% | 6.63% | 5.64% | 5.56% | 5.88% | 6.44% | 5.97% | 7.01% |
| Category Average | 1.96% | 12.03% | 12.03% | 4.49% | 10.15% | 3.31% | 3.22% | 7.67% | 4.79% | 4.62% | 4.52% | 5.09% | 4.15% | 4.67% |
| Category Rank | 1,073 / 1,735 | 522 / 1,735 | 1,262 / 1,711 | 522 / 1,735 | 845 / 1,684 | 132 / 1,617 | 645 / 1,434 | 584 / 1,358 | 562 / 1,301 | 568 / 1,166 | 611 / 1,007 | 627 / 935 | 430 / 824 | - |
| Quartile Ranking | 3 | 2 | 3 | 2 | 3 | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.74% | -0.82% | -0.01% | 1.38% | 0.57% | -2.59% | -0.58% | 3.59% | 2.38% | 0.96% | 2.43% | 1.82% |
| Benchmark | 1.29% | -1.31% | 0.46% | 1.75% | 0.57% | -3.70% | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% |
10.22% (January 2015)
-6.52% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | 19.86% | 1.06% | 0.65% | 0.21% | 5.56% | 11.84% | 4.27% | -6.07% | 8.75% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 7.77% | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% |
| Quartile Ranking | - | 1 | 4 | 4 | 1 | 4 | 1 | 4 | 1 | 3 |
| Category Rank | - | 6/ 806 | 861/ 915 | 991/ 1,002 | 101/ 1,145 | 1,247/ 1,257 | 175/ 1,344 | 1,368/ 1,425 | 112/ 1,564 | 1,074/ 1,683 |
19.86% (2015)
-6.07% (2022)
| Name | Percent |
|---|---|
| Foreign Government Bonds | 28.18 |
| US Equity | 26.43 |
| International Equity | 20.05 |
| Foreign Corporate Bonds | 16.31 |
| Cash and Equivalents | 5.63 |
| Other | 3.40 |
| Name | Percent |
|---|---|
| Fixed Income | 44.94 |
| Technology | 12.61 |
| Consumer Goods | 7.32 |
| Healthcare | 5.85 |
| Cash and Cash Equivalent | 5.63 |
| Other | 23.65 |
| Name | Percent |
|---|---|
| North America | 73.07 |
| Europe | 12.88 |
| Asia | 9.41 |
| Latin America | 3.42 |
| Multi-National | 0.28 |
| Other | 0.94 |
| Name | Percent |
|---|---|
| United States Treasury 3.75% 31-May-2030 | - |
| United States Treasury 3.63% 15-Feb-2053 | - |
| United States Treasury 4.13% 15-Nov-2032 | - |
| United States Treasury 3.50% 15-Feb-2033 | - |
| United States Treasury 4.13% 15-Aug-2053 | - |
| Fidelity U.S. Money Market Investment Trust O | - |
| United States Treasury 2.88% 15-May-2052 | - |
| Microsoft Corp | - |
| NVIDIA Corp | - |
| Metro Inc | - |
Fidelity NorthStar Balanced Fund Series B
Median
Other - Global Neutral Balanced
| Standard Deviation | 6.65% | 7.34% | - |
|---|---|---|---|
| Beta | 0.67% | 0.79% | - |
| Alpha | 0.01% | 0.01% | - |
| Rsquared | 0.82% | 0.77% | - |
| Sharpe | 0.18% | 0.45% | - |
| Sortino | 0.19% | 0.47% | - |
| Treynor | 0.02% | 0.04% | - |
| Tax Efficiency | 72.95% | 81.38% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.82% | 6.65% | 7.34% | - |
| Beta | 0.75% | 0.67% | 0.79% | - |
| Alpha | 0.01% | 0.01% | 0.01% | - |
| Rsquared | 0.94% | 0.82% | 0.77% | - |
| Sharpe | 0.88% | 0.18% | 0.45% | - |
| Sortino | 2.17% | 0.19% | 0.47% | - |
| Treynor | 0.07% | 0.02% | 0.04% | - |
| Tax Efficiency | 84.14% | 72.95% | 81.38% | - |
| Start Date | May 28, 2014 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $575 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID2407 |
The Fund aims to achieve long-term capital growth. The Fund invests primarily in a mix of equity securities and fixed income securities from around the world. It can invest in these securities either directly or indirectly through investments in underlying funds.
To meet the Fund’s objectives, the portfolio management team: Follows a neutral mix guideline of approximately 50% equity securities and 50% fixed income securities. Depending on market conditions, may vary the asset mix by up to +/- 20% from the neutral mix if it believes this produces the best overall return. May invest in any kind of equity or fixed income security from around the world, including high yield securities and other lower quality debt securities.
| Name | Start Date |
|---|---|
| Connor Gordon | 05-28-2014 |
| Jeffrey Moore | 05-28-2014 |
| Michael Plage | 05-28-2014 |
| Joel Tillinghast | 05-28-2014 |
| Daniel Dupont | 03-20-2017 |
| Geoffrey D. Stein | 02-20-2020 |
| Kyle Weaver | 02-26-2020 |
| David D. Wolf | 02-26-2020 |
| 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 | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
| MER | 2.24% |
|---|---|
| Management Fee | 1.80% |
| 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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