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Fidelity NorthStar Balanced Fund Series B
Global Neutral Balanced
Click for more information on Fundata’s FundGrade
FundGrade B
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-14-2026) |
$15.31 |
|---|---|
| Change |
-$0.08
(-0.53%)
|
As at June 30, 2026
As at March 31, 2026
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Legend
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Fund Returns
Inception Return (May 28, 2014): 6.61%
| 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 | 3.08% | 8.64% | 8.63% | 8.63% | 14.48% | 11.68% | 11.73% | 11.58% | 6.59% | 7.49% | 7.42% | 6.48% | 5.95% | 5.81% |
| Benchmark | 2.26% | 10.26% | 9.92% | 9.92% | 17.43% | 15.00% | 14.69% | 13.77% | 7.96% | 8.39% | 8.32% | 7.94% | 7.96% | 8.11% |
| Category Average | 1.08% | 7.14% | 7.04% | 7.04% | 13.43% | 11.84% | 11.29% | 10.44% | 5.92% | 7.49% | 6.60% | 6.30% | 6.09% | 6.28% |
| Category Rank | 59 / 1,785 | 543 / 1,775 | 585 / 1,757 | 585 / 1,757 | 870 / 1,735 | 1,050 / 1,660 | 865 / 1,595 | 612 / 1,554 | 700 / 1,413 | 768 / 1,286 | 510 / 1,236 | 618 / 1,109 | 602 / 981 | 623 / 886 |
| Quartile Ranking | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 2 | 2 | 3 | 2 | 3 | 3 | 3 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.36% | 1.13% | 2.30% | 0.67% | 0.28% | -1.44% | 0.51% | 1.82% | -2.30% | 1.74% | 3.60% | 3.08% |
| Benchmark | 1.48% | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% | 3.53% | 4.15% | 2.26% |
Best Monthly Return Since Inception
10.22% (January 2015)
Worst Monthly Return Since Inception
-6.52% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.06% | 0.65% | 0.21% | 5.56% | 11.84% | 4.27% | -6.07% | 8.75% | 14.58% | 7.00% |
| Benchmark | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% | 10.42% |
| Category Average | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% | 9.84% |
| Quartile Ranking | 4 | 4 | 1 | 4 | 1 | 4 | 1 | 3 | 2 | 4 |
| Category Rank | 798/ 840 | 902/ 913 | 102/ 1,058 | 1,171/ 1,174 | 156/ 1,263 | 1,309/ 1,347 | 111/ 1,489 | 1,058/ 1,576 | 536/ 1,624 | 1,399/ 1,679 |
Best Calendar Return (Last 10 years)
14.58% (2024)
Worst Calendar Return (Last 10 years)
-6.07% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Government Bonds | 29.03 |
| US Equity | 27.40 |
| Foreign Corporate Bonds | 17.87 |
| International Equity | 17.67 |
| Cash and Equivalents | 5.73 |
| Other | 2.30 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 47.19 |
| Technology | 12.00 |
| Consumer Goods | 6.93 |
| Cash and Cash Equivalent | 5.73 |
| Healthcare | 5.56 |
| Other | 22.59 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 77.30 |
| Europe | 11.69 |
| Asia | 7.23 |
| Latin America | 2.38 |
| Africa and Middle East | 0.01 |
| Other | 1.39 |
Top Holdings
| Name | Percent |
|---|---|
| United States Treasury 4.38% 15-May-2034 | - |
| Fidelity U.S. Money Market Investment Trust O | - |
| United States Treasury 4.13% 15-Aug-2053 | - |
| United States Treasury 4.25% 15-Aug-2054 | - |
| USTN 4.00% 31-Jan-2033 | - |
| NVIDIA Corp | - |
| United States Treasury 3.63% 15-Feb-2053 | - |
| United States Treasury 4.25% 15-May-2035 | - |
| United States Treasury 3.63% 30-Sep-2031 | - |
| Microsoft Corp | - |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Fidelity NorthStar Balanced Fund Series B
Median
Other - Global Neutral Balanced
3 Yr Annualized
| Standard Deviation | 6.42% | 6.56% | 6.74% |
|---|---|---|---|
| Beta | 0.86 | 0.72 | 0.81 |
| Alpha | -0.01 | 0.01 | -0.01 |
| Rsquared | 0.88% | 0.84% | 0.79% |
| Sharpe | 1.22 | 0.56 | 0.59 |
| Sortino | 2.22 | 0.85 | 0.66 |
| Treynor | 0.09 | 0.05 | 0.05 |
| Tax Efficiency | 86.35% | 81.72% | 83.63% |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.02% | 6.42% | 6.56% | 6.74% |
| Beta | 0.74 | 0.86 | 0.72 | 0.81 |
| Alpha | 0.02 | -0.01 | 0.01 | -0.01 |
| Rsquared | 0.83% | 0.88% | 0.84% | 0.79% |
| Sharpe | 1.90 | 1.22 | 0.56 | 0.59 |
| Sortino | 3.52 | 2.22 | 0.85 | 0.66 |
| Treynor | 0.15 | 0.09 | 0.05 | 0.05 |
| Tax Efficiency | 86.96% | 86.35% | 81.72% | 83.63% |
Fund Details
| 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) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID2407 |
Investment Objectives
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.
Investment Strategy
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.
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 | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
Fees
| MER | 2.18% |
|---|---|
| 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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